de
zh
fr
es
tr
pt
nl
ru
uk
hi
Bitcoin (BTC) traders and investors are actively shifting to riskier strategies amid improving macroeconomic conditions. As a result, demand for the leading cryptocurrency has reached its highest level since July 31st, raising interest in the future price movement.
Increasing Apparent Demand
At the time of writing, "apparent demand" for Bitcoin, according to Capriole Investments, has sharply increased to 5,251 BTC. This metric assesses demand by measuring the supply from mining minus the supply that has been inactive for over a year. This indicator has remained negative since October 8th, reaching a low of around -3,930 BTC on October 21st. However, a sharp reversal followed, as can be seen in the chart below.
Spot Trading Volumes Increase
Meanwhile, Bitcoin spot trading volume increased by 23% over the week, rising from $11.5 billion to $14.1 billion. This trend indicates high speculative activity among investors. The increase in trading volumes may indicate a return of buyers to the market, which, in turn, supports Bitcoin's recent recovery to $106,000.
"The increase in spot trading volume indicates more active investor participation and a potential bullish breakout," noted analysts from Glassnode.
Bitcoin Price Predictions
Bitcoin ended the week above its 50-week simple moving average, bolstering traders' confidence in the rally's continuation. MN Capital founder Michael van de Poppe stated that if Bitcoin breaks $110,000, it could head toward its all-time high of $126,000.
Analyst Jelle also emphasized the importance of regaining support at $110,000, noting that a pullback from that level would be a clear sign of further market weakness.
In Conclusion
Given current trends and growing demand for Bitcoin, many experts predict that the cryptocurrency may continue its upward trajectory. However, as always, it's important to remember that investing in cryptocurrencies carries risks, and every trading decision should be made with caution.
This article does not contain investment advice or recommendations. Every investment and trading decision involves risk, and readers should conduct their own research before making decisions.
Rao Cash Analytical Expertise: Event Context
The latest data presented in Bitcoin demand reaches 4-month high: What's next for the price? clearly reflects the ongoing shifts in the balance of power within the global cryptocurrency market. The Rao Cash information portal monitors these market triggers 24/7, delivering high-quality crypto news, real-time on-chain statistics, and expert blockchain industry insights to our audience. We assist readers in promptly identifying long-term trends while filtering out speculative noise and market manipulation.
Analyzing the event requires a comprehensive approach, including liquidity assessment, exchange trading volume tracking, and smart contract security audits. A vital element of our internal ecosystem is the utility RAO token—a digital asset integrated into our content infrastructure that unlocks access to professional data processing tools. By conducting granular technical analysis, our team helps investors gain a deeper understanding of institutional capital flows across the DeFi and Real World Asset (RWA) tokenization sectors.
By exploring the analytical breakdown on our multi-language platform, you gain access to verified, real-time insights. Our expert editorial group prioritizes objectivity and factual accuracy, establishing a trustworthy information foundation for making informed decisions in a rapidly evolving Web3 economy.
