Bitcoin’s retail demand falls 17%; Is this a precursor to a massive rally?
The average demand for Bitcoin (BTC) among retail investors has plummeted to its lowest point in five months, echoing levels last seen in January. Notably, this previous low was followed by a significant 75% surge over the subsequent two months. According to data shared by CryptoQuant author Axel Adler on June 10, the average monthly change in demand for Bitcoin among retail investors—those with up to $10,000 in transfer volume—has fallen to negative 17% over the last 30 days. Picks for you Is Bitcoin's bottom in? Indicators suggest the worst has gone for BTC 5 mins ago Here’s the remaining parameter for Bitcoin to hit $100,000 25 mins ago ...