🔥 #Bitcoin Apparent Demand Is Signaling A Structural Shift
$BTC apparent demand is showing a decisive transition as sustained negative flows continue to pressure the market while price hovers in a tightening range. The current pattern highlights three key dynamics that traders should not ignore.
• Apparent demand has remained deeply negative through December, confirming a persistent net outflow as inactive supply increases. This reflects a market that is still leaning defensive despite temporary price stability.
• Price action is forming lower highs while the demand curve fails to recover above neutral. This divergence often precedes volatility expansion, especially when the 30-day trend continues pointing downward.
• Historical cycles on this metric show that prolonged negative demand phases typically resolve with either capitulation wicks or aggressive re-accumulation bursts, neither of which has occurred yet. The market is waiting for a catalyst.
This setup suggests Bitcoin is entering an inflection period where demand recovery will determine whether the next major move finds support or accelerates the downside.
