Individual investor demand in the crypto market has started to rise again after the last four months of decline. According to CryptoQuant data, individual demand has increased by 13% in the last 30 days, reaching peak levels in March.
Increase in Individual Investor Demand
CryptoQuant considers on-chain transaction volume of $10,000 and below as an important metric for understanding the behavior of individual investors. This indicator provides precise information about capital movements in the network.
According to analysts, this increase may indicate that investors have reduced their risk aversion and the beginning of a possible bull market. Bitcoin $66,484‘s rise is supported by new institutional interest and positive market signals. The return of small investors to trading is seen as a sign of less risk perception.
Bitcoin is up 330% since the bottom in November 2022. However, some experts argue that the bull market has not fully begun despite the new participation of individual investors. Since the beginning of 2024, the Bitcoin rally has been driven by institutional demand.
Institutional Demand and Investor Confidence
The approval of Spot Bitcoin ETFs in the US in January increased interest from major investment firms. Analyst Cole Garner states 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 stated that by comparing Bitcoin with other financial indicators, it is possible to predict when the next big price increase will occur. Van de Poppe emphasizes that Bitcoin is still in the consolidation phase.
As a result, increased individual demand and continued institutional interest in the crypto market may trigger upward movements in Bitcoin price. It is of great importance for investors to closely monitor market trends in this process.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.