Bitcoin Apparent Demand Improves, But Analysts Advise Caution

BitcoinWorld Bitcoin Apparent Demand Improves, But Analysts Advise Caution Bitcoin’s apparent demand has shown a notable improvement, yet it remains in negative territory at -32,000 BTC, according to a recent analysis by CryptoQuant contributor Darkfost.

The metric, which measures the gap between newly issued Bitcoin and supply that has remained dormant for over a year, is a key indicator of structural accumulation strength.

Understanding the Shift in Demand Darkfost highlighted that Bitcoin entered its current consolidation phase in early June, when apparent demand was estimated at a significantly lower -272,000 BTC.

The recent improvement, while positive, is not yet sufficient to signal a strong bullish reversal. Similar patterns were observed in February and May, where demand improved only to weaken again, underscoring the fragility of the current trend.