Bitcoin spot demand is close to turning positive for the first time since February, according to CryptoQuant data cited by Cointelegraph and reported by ChainCatcher. The shift matters because similar signals have historically been followed by higher Bitcoin prices. The data shows that after comparable setups, Bitcoin posted a median gain of about 18.1% over the following 60 days, with a win rate near 78%. A return to positive spot demand is typically read as a sign of stronger buying activity in the spot market. Attention is now on whether that change can hold and support a broader price move. The report did not provide additional price levels or a specific date for the crossover, but it highlighted the historical pattern tied to the demand signal.
Bitcoin spot demand is about to turn positive for the first time since February, according to CryptoQuant data cited by Cointelegraph and relayed by ChainCatcher.
Historically, that shift has often been followed by price gains. The data shows that after similar signals appeared, Bitcoin delivered a median return of about 18.1% over the next 60 days, with a win rate of roughly 78%.
A move back into positive spot demand usually points to stronger buying activity. The market is now watching whether the trend can continue and help drive the next leg of price action.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
