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$BTC : Apparent Demand on the Weekly Timeframe ↓
• If Bitcoin’s Apparent Demand breaks its bullish market structure (3-4) and the price has recently reached a high (2), this indicates weakness and means it is time to look for confluence with other on-chain metrics and price action signals.
• Data source: CryptoQuant.
• If you'd like to learn more about the history of Japanese candlesticks, check the link below.