律动BlockBeats|Feb 21, 2026 07:29
[Viewpoint: Bitcoin demand begins to rebound after three months of weakness]
BlockBeats News, February 21, according to analyst Darkfost, since the beginning of the year, the dynamic factors that had previously suppressed Bitcoin demand have been gradually shifting. On December 18, Bitcoin's monthly cumulative apparent demand fell to a low of -154,000 BTC. Since then, demand has gradually improved, recently returning to positive territory at approximately +1,200 BTC. This reversal has ended nearly three consecutive months of negative demand, a phase that largely contributed to the weak price performance observed so far.
The analysis points out that as selling pressure decreases and signs of demand improvement emerge, Bitcoin is finally beginning to send constructive signals, provided this trend continues in the coming weeks.
Note: Apparent demand is defined as the daily block reward minus changes in supply inactive for over a year, used to measure whether long-term holders are effectively absorbing newly issued Bitcoin.
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