🚨 Demand for Bitcoin jumps! The market is breathing again! 🚨

📈 The Apparent Demand for Bitcoin (30-day sum) has reversed from negative values to strongly positive — a clear sign of renewed real demand, not just speculation!

💡 What does this mean?

This metric analyzes the variations in inactive supply for over 1 year, adjusted for mining rewards. After months of decline, the data shows a jump of over 200 thousand BTC, coinciding with the recovery of the price above $76,855,889,952,870.

🔥 Why does this matter?

This is the first significant improvement in demand since February and accompanies the increase in ETF flows and accumulation by long-term holders. Historically, reversals like this have preceded major rallies or the formation of strong support zones.

💰 Another important point:

Bitcoin is now being traded above its realized price (cost basis of investors) for the first time in months. In simple words:

➡️ The market has come out of the red and is healthy again!

🔎 Keep an eye out! The scenario may be setting up for the next big moves of Bitcoin!

#Bitcoin #BTC #OnChain #ETF #Cryptocurrencies #Accumulation #CryptoMarket