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Bitcoin ‘Apparent Demand’ Has Turned Green Again: What It Means

  • The Bitcoin 'Apparent Demand' indicator has turned positive again, suggesting an increase in demand for the cryptocurrency.
  • Apparent Demand is the difference between production and changes in inventory, with positive values indicating decreasing inventory.
  • The metric had slumped to neutral levels during the asset's consolidation phase but has now witnessed a positive spike.
  • Another indicator, the Realized Cap of new investors, also signals a resumption in demand for Bitcoin.

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