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CryptoQuant Flags Slowing Bitcoin Demand as $77,600 Support Comes Into Focus

CryptoQuant Flags Slowing Bitcoin Demand as $77,600 Support Comes Into Focus

Photo: Crypto Economy

TL;DR CryptoQuant says Bitcoin’s 30-day apparent demand fell to -76,000 BTC and stayed negative from October 14, while the Coinbase Premium weakened in October. The firm’s Bull Score dropped from 90 to 60 as holder profits fell from 33% in September to 8%. Bitcoin remained near $81,350, putting the 365-day moving average around $77,585 into ... Read more

Source: Crypto Economy

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