Bitcoin Rebounds Above $85,000 Amid Weak Market Demand

Bitcoin Rebounds Above $85,000 Amid Weak Market Demand
Bitcoin Rebounds Above $85,000 Amid Weak Market Demand

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Bitcoin (BTC) is witnessing a remarkable recovery in prices, while restoring the level of $ 85,000 after an increase of 4.3 % over the past 24 hours. This recovery sparked renewed optimism among investors, who are now looking for signs of more momentum in the market.

However, although Bitcoin shows signs of a potential upward trend, the data on the series indicates that the demand for the market remains weak, which may affect the sustainability of this gathering.

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Low demand for bitcoin, despite price recovery

Modern analysis on the series by Darkfost analyst open The current demand for Bitcoin is at the weakest level of the year. His research highlights the main demand rate for demand, indicating a steady decrease in bitcoin accumulation since December 2024.

This lack of demand, in addition to continuous economic and political uncertainty, may indicate that investors are cautious before making greater obligations.

According to the Darkfost analysis, the demand for Bitcoin is measured by comparing the new offer that enters the market with the offer that has been inactive for more than a year. When this ratio is less than zero, it indicates that fewer BTC are actively assembled, which can indicate a negative transformation of the request.

The results of his finding indicate that the interest of the investor in Bitcoin was weakening for several months, although short -term price movements indicate otherwise.

The decrease in demand is in line with broader economic uncertainty and geopolitical tensions. Investors seem to move towards less volatile assets, which may explain the gradual slowdown in the rate of bitcoin accumulation, as it reveals Darkfost.

Although this does not necessarily indicate declining expectations, it indicates that market conditions remain fragile, and the work of Bitcoin may be very interactive with the upcoming economic events.

Keys and BTC expectations

Despite the concerns surrounding the weaker demand, analysts are still optimistic about the long -term bitcoin path. Javon Marx, a widely encrypted analyst, has subscriber Bitcoin price for more than $ 500,000.

He pointed out that the historical price structures indicate the possibility of a major bull stage, which indicates that BTC may come close to the strongest period of its rise so far. In addition, the most prominent analyst, Ali, the composition of the last Bitcoin Triangle in Bitcoin, a pattern usually indicating the chance of collapse.

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In his analysis, Ali male If BTC has exceeded the resistance level of $ 84,000, it may track a 9 % increase. As of now, BTC has already exceeded this critical level, raising the possibility of an extended gathering in the event of a pressure purchase.

Bitcoin (BTC) price scheme on TradingView
The price of BTC moves down on the graph for two hours. Source: BTC/USDT on Tradingvief.com

A distinctive image created with Dall-E, the tradingView chart

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