Bitcoin's U.S. Demand Indicator Remains Negative for Record Duration

Bitcoin's demand indicator in the United States has remained negative for an unprecedented 40 consecutive days, with the last positive reading recorded on January 15. According to NS3.AI, despite a short-lived rebound on February 5, the indicator did not maintain its recovery, highlighting ongoing structural weaknesses in U.S. demand. This extended period of negative readings suggests that the demand challenges are more entrenched rather than being a temporary decline.