The green Bitcoin needle points to a cycle change after 90 days of weakness

The latest market data brings a signal we’ve been waiting for months: the green needle finally appears on Bitcoin demand charts. After three months where selling pressure dominated without rival, the outlook has completely transformed. 📊

End of the drought: genuine demand emerges strongly

For 90 consecutive days, we witnessed a nearly discouraging scenario. Miners were unloading their positions while large capital holders maintained a defensive stance. The supply from mining operations far exceeded buying interest, creating constant downward pressure that wore down the nerves of any market participant.

This stagnation period seemed endless, but recent data reveals that the dynamics have changed radically. Real demand — not speculative, but reflecting net absorption of circulating coins — has broken the negative streak that characterized the previous quarters. 📈

What does this shift in apparent demand metric reveal?

The apparent demand metric is the compass indicating whether the market is accumulating more Bitcoin than is being produced. When this indicator turns positive, it means buyers are not only balancing the supply of new coins but also generating net buying pressure.

This change is not just a short-term rebound. We are facing a structural pivot that has historically preceded genuine recovery cycles. Major operators have stopped distributing positions and have begun filling their wallets again. This behavior is crucial because it acts as a buffer against downward pressure and lays the groundwork for a more robust market scenario.

With Bitcoin trading near $65,600 (data from February 27), the technical context becomes particularly relevant. Although the price has shown volatility in the last 24 hours, the green needle in demand indicators suggests that the direction of pressure is changing.

Net accumulation: the new trend that could redefine the market

The emergence of net accumulation represents a conceptual break from previous months. On-chain data is beginning to reflect that we are no longer in a contraction phase but in an expansion of demand. This movement is especially significant because it follows a prolonged period of weakness.

It’s important to note that this signal does not guarantee an immediate breakout to new highs. However, it marks the exhaustion of the bearish phase and the possible start of an accumulation trend that could last weeks or months. Professional traders are well aware of these historical patterns: the upward-pointing green needle in demand metrics is often the first sign that the ground is solidifying. 🛡️

Will this be the true green needle of the bullish cycle?

The question everyone is asking is whether this demand momentum is enough to sustain the price or if it will depend on other market variables. Liquidity will be crucial in the coming weeks, as well as Bitcoin’s ability to maintain its support levels.

What seems clear is that the market has stopped contracting. The emergence of the green needle on Bitcoin demand charts is the first serious sign of change we’ve seen in months. If this dynamic consolidates and other indicators support this movement, we could be witnessing the start of a new bullish cycle that leaves behind the uncertainty of the last 90 days.

For now, the green needle points in one direction: toward accumulation. It remains to be seen whether the rest of the market will confirm this signal in the upcoming trading sessions.