A First Since ATH in Bitcoin: Key Indicator of US Demand Extends to 14-Day Streak

Market participants are closely tracking signals that reveal the behavior of large investors, and this US demand indicator is now drawing attention. Remaining in positive territory for 14 consecutive days, it marks the most consistent demand signal since Bitcoin reached its $126,000 peak.

According to data from CoinGlass, the trend between April 9 and April 22 highlights strong inflows from US investors. Bitcoin trading at a premium on Coinbase compared to global exchange Binance indicates aggressive buying pressure from US-based participants.

Historically, strong buying activity from US investors has been a defining feature of bull markets. In contrast, negative periods for this indicator often coincided with sharp price declines. The current trend suggests demand remains resilient, with Bitcoin surpassing $78,000 and gaining 14% since the start of the month, reinforcing the positive market sentiment.