The Bitcoin (BTC) apparent demand has dropped to its lowest level in 30 days, signaling a capitulation of long-term investors as of April 6. On April 5, the Bitcoin Apparent Demand (30-day sum), a tool that shows the difference between newly mined supply entering circulation and coins that have sat dormant for over a year, dropped to its lowest level in four weeks of about -87,592.6 BTC, according to analytics from CryptoQuant. Bitcoin’s apparent demand 30-day chart