Bitcoin Spot Demand Drops to -100,000 BTC: Analyst Warns of Weak Recovery

Bitcoin spot market demand has fallen to -100,000 BTC according to the latest data, indicating that the market is struggling to signal a recovery. An analyst noted that this negative demand reflects investors' reluctance to buy at current price levels, highlighting the market's fragile structure. Although such a sharp decline in spot demand is often seen at market bottoms, the analyst emphasized that current conditions are far from a typical recovery pattern. The lack of demand suggests that prices may remain under further downward pressure. Market participants are adopting a cautious stance on Bitcoin's short-term direction, and it remains uncertain whether this negative spot demand level will persist. The analyst stated that a strong wave of buying is needed for a recovery, but there are currently no signs of such movement. This is not investment advice.

📊 BTC — Piyasa Yorumu

▼ down · 65%

A decline of 100,000 BTC in Bitcoin spot demand indicates weakening buying interest in the market. Technical indicators support this view: the RSI is in the weak zone at 40, the MACD is below the signal line, and the price is trading below both the 20-day and 50-day moving averages. A short-term recovery appears unlikely, but since the market has not entered oversold territory, the pace of the decline may also remain limited. Investors are advised to remain cautious and monitor support levels.

RSI 14

40.5

MACD

-287.96

24h Δ

-1.19%

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