Bitcoin demand gauge sinks to worst level since December as spot buying weakens
Crypto
CryptoQuant's 30-day apparent demand indicator has turned negative, meaning buyers are not absorbing available BTC supply — a historically bearish structural signal. Combined with geopolitical headwinds (US strikes on Iran) weighing on risk assets and analysts flagging difficulty sustaining a durable rally, the setup skews short-term bearish.
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↓ SHORT-10% target+5% stop2-3 weeks
Short BTC tactically — demand gauge at December lows, supply overhang building, and macro risk-off tone makes sub-$30K a credible near-term target.