Bitcoin Retail Demand Turns Positive After Six-Week Recovery
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On-chain crypto data shows Bitcoin retail demand moved from a -8.2% low on April 5 to +4.38% by May 12, crossing back above zero on April 27 and peaking at +6.31% on May 6 while BTC traded around $81,272. Absolute retail transfer volume recovered to $351 million but remains below February levels, indicating a nascent retail recovery that could support adoption and price momentum while capital volume may lag demand in early-phase recoveries.
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- Bitcoin retail demand crossed back above zero on April 27 after hitting negative 8.2% low.
- Absolute retail transfer volume recovered to $351 million but remains below February levels.
- Demand momentum always reverses before capital volume follows in early phase recoveries.
Bitcoin retail demand has shifted back into positive territory for the first time since early April, according to on-chain data tracked by analyst Axel Adler Jr, though absolute transfer volumes remain below levels seen earlier in the year.
The Bitcoin Retail Demand 30-Day Change metric, which tracks transaction activity in the zero to ten thousand dollar range, moved from a low of negative 8.2% on April 5 to positive 4.38% by May 12, with Bitcoin trading around $81,272. The metric crossed the zero line on April 27 and briefly peaked at positive 6.31% on May 6 before stabilising at current levels.…
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