Bitcoin’s Apparent Demand Flips Positive! 🚀💰

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Ah, what a farce! The Apparent Demand for Bitcoin, that fickle lover, has finally turned its gaze back towards the market, as if to say, “I was never gone, my dear investors!” 🤡

Bitcoin Apparent Demand Has Flipped Positive Recently

Julio Moreno, that sage of on-chain analytics, has unveiled the latest twist in this tale of digital gold. “Production” and “inventory,” they say, are the twin musketeers of this metric, yet here we are, dancing on the edge of a speculative cliff! 🧠

The indicator, that fickle jester, calculates the difference between miners’ daily offerings and the 1-year inactive supply. A game of cat and mouse, if you will, with the mouse occasionally outwitting the cat. 🐾

Behold, the chart! A rollercoaster of despair and hope, now soaring back into the positive realm. “For the first time since early October!” one might gasp, as if the market had been in a coma and just woke up to a cup of coffee. ☕

But lo! While spot demand waltzes, the perpetual futures market slumbers, like a bear in hibernation. “Derivatives activity has slowed,” they say, as if the market were a tired philosopher pondering life’s mysteries. 🧘‍♂️

The ETFs, those timid mice, have seen outflows since October, as if fleeing a fire. “De-risking phase,” they call it. A euphemism for “I’m terrified of the market’s tantrums.” 😱

BTC Price

Bitcoin, that elusive muse, has retreated to $103,200, as if to say, “Not so fast, my dear investors!” 🧊 The price, ever the trickster, mocks our hopes with every dip. 🤪

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2025-11-12 05:11