Bitcoin (BTC) currently trads slightly below USD 88,000, which is a significant decrease compared to the highest level of USD 109,000 at the beginning of this year. Over the past month, the leading cryptocurrency has stood in the face of a indefinite inheritance, sliding by almost 15% and showing narrow signs of reflection.

While this bear has many investors, one cryptochant analyst, Bilalhuseynov, recently shared his own perspective In the current state of Bitcoin using the retail investors’ demand indicator (RID).

The demand of Bitcoins retail investors at the crossroads

Bilalhuseynova analysis focused on the demand of retail investors (RID). This record, which assesses retail interest and activity in bitcoins, can often provide insight into potential price movements.

According to the analyst, the demand of retail investors recently met with resistance near the neutral zone of about 0%. In mid -February, the RID indicator tried to cross this threshold, but did not associate, which caused Bitcoin to fall to the current level of USD 88,000.

However, despite this failure, there are positive signs. The analyst noticed that RID was starting to collect again, a pattern resembling June 2021, when Bitcoin recorded a quick recovery after a similar decline.

However, in order for the record to really signal positive turnover, it would have to boost above the 0%neutral zone, which indicates a potential change in market moods. Bilalhuseynov continues to develop how the RID record can conduct long -term analysis. Identifies three key levels:

• Negative (-15%): a powerful indicator to observe the possibility of purchase.

• Neutral (0%): a sign that the market can prepare for movements in both directions.

• Positive (15%): suggests that the price of Bitcoin has entered the “premium area”, often observed on bull markets.

The analyst gave an example, emphasizing that in October 2024 a delivery above 0% of the neutral zone coincided with bitcoins reaching the highest time.

And vice versa, a decrease to 0% at the end of 2024 meant the beginning of the bear phase. Currently, RID is at a critical moment, and the change in demand for retail can affect Bitcoin trajectory in the coming months.

Compact -term indicators indicate potential reflection options

Meanwhile, other analysts identify tiny -term purchase options based on various indicators. Yonsei Dent, another cryptochant analyst, indicated Profit coefficient (SOP) for tiny -term Bitcoin owners (STH).

This record, which measures, or tiny -term owners sell with profit or loss, has recently dropped to levels that historically indicated sold out conditions.

According to Dent, the apply of Bollinger bands for STH-SOP helps to indicate extreme deviations, and the current data show a pattern similar to the previous bottom of the market.

Dent noticed that after each significant inheritance deviation in STH-SOP there was a short-term reflection from +8% to even +42%, even in bear conditions.

This historical context suggests that Bitcoin can approach the critical moment. If the pattern persists, there may be tiny -term prices on the horizon, offering the opportunity for tiny -term traders.

A distinguished picture created from DALL-E, chart from TradingView