Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin Market Outlook: Can Recent Demand Surge Lead to a Trend Reversal and Higher BTC Prices?

Share This Post

The post Bitcoin Market Outlook: Can Recent Demand Surge Lead to a Trend Reversal and Higher BTC Prices? appeared first on Coinpedia Fintech News

Bitcoin’s demand is showing early signs of recovery, according to an on-chain analytics chart. In the last seven days, the Bitcoin market has surged by nearly 8%. While some investors are hopeful that this could mark the start of a bullish trend, crypto analysts like Teddy caution against premature optimism. Here is a closer look at what the data really means. 

Analysis Flags a Bounce In Apparent Bitcoin Demand  

According to the Bitcoin Apparent Demand (30-day sum) chart, the demand for Bitcoin is starting to bounce back from negative territory. 

Bitcoin Apparent Demand
Source: CryptoQuant

Apparent Demand is a metric used to measure the overall demand for an asset. The BTC Apparent Demand index compares the amount of new Bitcoin being created through mining and the changes in the amount of the crypto held for long periods. 

A positive apparent demand means that more Bitcoin is being removed from available supply than is being created by mining. 

The recently observed pattern of the apparent demand (30-day sum) of BTC attempting to bounce back to positive territory implies that the market could witness a bullish rally in the near future.   

What Happened in 2021: Lessons from the Last BTC Cycle 

Analysts claim that they observed a similar pattern in 2021. According to analysts, during that cycle, demand stayed low for months even though prices looked stable, and a true recovery only came after a long period of consolidation. 

This implies that the latest bounce may just be a temporary relief, not a sign of a strong recovery or accumulation yet.   

Teddy’s Take: Market Tests, Not Cheers 

Experts like Teddy acknowledge that demand for BTC has improved significantly, emphasising that some buyers have returned to the market. 

However, he expresses his worry about the potential of unfriendly macroeconomic events, like tariffs, interest rate shocks and geopolitical problems, to eliminate the newly acquired optimism. 

US President Donald Trump recently introduced an aggressive tariff policy. It has affected almost all the major asset classes, including the cryptocurrency sector. 

A couple of days ago, the Trump administration offered brief relief to non-retaliating countries through a 90-day pause in the implementation of the tariff policy. However, the US President vowed to go ahead strongly with his policy, denouncing rumours that expressed doubts about Trump’s capability to push the policy to success.  

A question that bothers BTC enthusiasts, including Teddy, is: Will long-term holders continue to hold or will they start selling in panic if a destructive macroeconomic event occurs in the future?  

Teddy emphasises that this market does not reward early optimism but rather tests patience and resilience. 

BTC Market Overview: Is a Trend Reversal Really Happening? 

At the start of this year, the Bitcoin market was at $93,623.09. Just before Trump’s inauguration, the market touched an all-time high of 109,595.64. In January, the market grew by over 9.54%. 

Bitcoin Price Analysis Source: Trading View

Since February, the market has declined by over 16.15%. In February alone, the market dropped by 17.5%. In March, with a -2.19% change, the market performed better than the previous month. 

At the start of this month, the market was at $82,541.66. Since then, the market has grown by over 4.05%. At one point on April 7, the market plummeted as low as $74,517. However, since April 9, the market has rebounded strongly by over 12.49%. In the last 24 hours, the BTC price has increased by 1.4%.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

What will Bitcoin be in 10 years?

Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.

When did Bitcoin hit $1?

Bitcoin first hit $1 on February 9th, 2011. This historic milestone was achieved on the now defunct Mt. Gox exchange.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Tokenized Treasuries Near $7B as Investors Flood Digital Bonds With $390M in One Week

Based on the most recent data, tokenized US Treasury bonds continue their upward trajectory, notching a 6% gain since May 2, 2025 Tokenized Treasuries—$689B and Climbing Last Friday, May 2, the

XRP, PEPE Rebound Underway, But Cardano and This DeFi Token Look Stronger

The post XRP, PEPE Rebound Underway, But Cardano and This DeFi Token Look Stronger appeared first on Coinpedia Fintech News The crypto market pulses with activity as XRP tests key resistance levels,

Analysts Eye $0.025 MUTM as the Next Crypto to Explode — Is This the Best Crypto to Buy Now?

The post Analysts Eye $0025 MUTM as the Next Crypto to Explode — Is This the Best Crypto to Buy Now appeared first on Coinpedia Fintech News As investors scan the market for their next big move,

Shiba Inu (SHIB) Surges by 18% in a Week, But Analysts Are Bullish On Ruvi AI (RUVI) To Reach $2.00 and Turn $500 into...

The post Shiba Inu (SHIB) Surges by 18% in a Week, But Analysts Are Bullish On Ruvi AI (RUVI) To Reach $200 and Turn $500 into $140,000 appeared first on Coinpedia Fintech News Shiba Inu (SHIB), the

Pepe Jumps 40% This Week: Will Pepe or Pepeto Be the Next 100x Memecoin in This Bull Run?

The post Pepe Jumps 40% This Week: Will Pepe or Pepeto Be the Next 100x Memecoin in This Bull Run appeared first on Coinpedia Fintech News Over the past week, Pepe Coin (PEPE) has seen a sharp rise

Crypto And Terror: Virginia Man Gets 30 Years For Supporting ISIS

A federal judge sentenced Mohammed Azharuddin Chhipa to 30‑years and four‑months in prison The Department of Justice disclosed on May 9 that Chhipa transferred over $185,000 in cryptocurrency to