The demand from individual investors in the cryptocurrency market has risen after a four-month decline. According to CryptoQuant data, individual demand has increased by 13% in the last 30 days, reaching levels seen in March.
Increase in Individual Investor Demand
CryptoQuant considers the on-chain transaction volume below $10,000 as a key metric to understand individual investor behavior. This indicator provides accurate information about capital movements within the network.
This increase suggests that investors are becoming less risk-averse, potentially signaling the beginning of a bull market. Bitcoin’s rise is supported by new institutional interest and positive market signals. The return of small investors is perceived as a sign of reduced risk perception.
Institutional Demand and Investor Confidence
The approval of spot Bitcoin $95,783 ETFs in the U.S. in January has heightened interest from major investment firms. Analyst Cole Garner notes that the market is still at the beginning of its growth potential. According to Garner, previous market cycles are repeating, and the bull market has not yet begun.
Market expert Michaël van de Poppe states that it is possible to predict when the next major price increase will occur by comparing Bitcoin with other financial indicators. Van de Poppe emphasizes that Bitcoin is still in a consolidation phase.
In conclusion, the increase in individual demand and ongoing institutional interest in the cryptocurrency market may trigger upward movements in Bitcoin’s price. It is crucial for investors to closely monitor market trends during this process.