Bitcoin Retail Investor Demand Approaching Neutral Levels
- The Bitcoin Retail Investor Demand indicator measures small transaction volumes under $10,000.
- This metric recently hit a significant negative level but is now approaching 0%.
- The last positive shift in this indicator preceded a major price rally beyond $100,000.
- Current Bitcoin price remains stable around $96,300 amid consolidation trends.
The on-chain data suggests that the Bitcoin Retail Investor Demand has nearly recovered to neutral levels after a previous decline, indicating potential renewed interest from small investors.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-retail-volume-close-growing-again-bullish/?rand=52377
