Bitcoin Faces Short-Term Demand Pressure Despite Institutional Buying

Bitcoin’s Apparent Demand has flipped negative, signaling declining short-term demand versus rising miner supply. Despite continued institutional purchases—like Strategy’s recent 4,980 BTC acquisition for $531.9M—overall buyer momentum is fading.

With BTC trading above $107,000, increased profit-taking by long-term holders and miner sell-offs are outweighing new buyer interest. This shift could lead to increased volatility and a potential local top, as demand struggles to keep up with supply.

Caution is advised as BTC may undergo a short-term correction unless buying momentum returns.