Eqlubrium
Bitcoin Retail Investor Demand is Facing Resistance
One of the best indicators for assessing the state of Crypto assets is Retail Investor Demand (RID). Investors' demand and interest allow us to make reasonable price predictions. As I drew in the chart, we can observe resistance to retail investor demand. In the near past - 14 February 2025 the metric tried to go over 0% (neutral zone), but it was unsuccessful. After the unsuccessful try, Bitcoin went down to 88k levels. Right now, the Demand is accelerating again despite the resistance at 0%. We recently saw the last dip, which happened in June 2021. Then quick reback was seen from this dip. That is good news. Now, we need to see in the chart the metric at over 0%. So, how can we use the Retail Investor Demand (RID) Metric in our long-term analyses? The RID has 3 main levels: a) -15% (negative) b) 0% (neutral) c) 15% (positive) At near -15%, you can start to look for dips; 0% is a neutral zone, which is the sign for hopefully price movements, and then if the price goes up over the neutral zone, that means price is on the its premium area. For example, take a look at 2024 October; we are seeing significant skyrocketing over 0%, then Bitcoin reached its ATH, and look again at 2024 December; RID went down 0%, and we are at a relative bear market.