Contents and sources 1 sections

Key points

  • This is an analyst's interpretation: weaker selling pressure and stronger buying demand are different developments.

Less selling does not guarantee a reversal

In a November 4 post at 14:56 Taipei time, analyst Darkfost said Bitcoin's seller exhaustion indicator had returned to the low range seen during the bear market. He interpreted the change as easing selling pressure, without claiming the indicator had set a new bear-market low.[1]

Darkfost stressed that weaker selling pressure does not guarantee a market reversal: fresh demand is still needed. This brief reports his latest analysis, not confirmation that Bitcoin has bottomed. The attached chart alone does not establish that buying demand is rising.[1]

Sources & further reading

(2)

When checking a claim, compare the source date, measurement period and conditions. Some linked pages change over time.

  1. Darkfost on Bitcoin seller exhaustion and demand (opens in a new tab)
  2. Odaily 530554 — discovery only (opens in a new tab)

For information and education, not investment advice. Crypto assets are volatile. Verify independently.

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