Bitcoin Demand Shows Signs of Recovery: Is a Bullish Trend on the Horizon?
Bitcoin’s demand is exhibiting early signs of revival, with the market surging nearly 8% in the past week. While Optimism grows among investors, analysts urge caution, pointing to the need for sustained momentum to confirm a bullish trend. The Bitcoin Apparent Demand chart suggests a tentative recovery from recent lows, but the market’s trajectory remains uncertain.
Bitcoin Market Outlook: Can Recent Demand Surge Lead to Higher Prices?
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 caution against premature optimism. The Bitcoin Apparent Demand (30-day sum) chart indicates that the demand for Bitcoin is starting to bounce back from negative territory.
How High Can Bitcoin Price Go? Exploring the Correlation Between M2 and Bitcoin
A macroeconomic chart reveals that the M2 Money Supply is starting to rise again. Historical market patterns suggest a correlation between the M2 Money Supply index and the Bitcoin price index. Crypto market watchers are now predicting a potential all-time high for Bitcoin within this quarter if historical correlations hold true.
Bhutanese Prime Minister Pushes for Global Embrace of Bitcoin Mining
Bhutanese prime minister Tshering Tobgay is advocating for the global adoption of Bitcoin mining as a solution to the country’s economic problems, including high youth unemployment and skilled worker migration. In an interview with Al Jazeera, he cited the billions of dollars earned through state-backed Bitcoin mining by other countries and urged governments to follow suit. Bhutan, a Buddhist kingdom in the Himalayas, is taking a significant bet on Bitcoin despite the cryptocurrency’s volatile price swings.
Bitcoin’s Quiet Rally Hints at $300K Breakout in 2025 Cycle
Bitcoin (BTC) price continued its steady climb on Monday, brushing against its $85,000 resistance level, as speculation intensified over a potential $300,000 cycle top. However, growing concerns over institutional outflows and muted retail engagement paint a more restrained picture of the current market structure. Technical indicators suggest a potential breakout, but reduced liquidity and ongoing ETF outflows are weighing on trader sentiment. Last week, the United States spot Bitcoin ETF sector saw net outflows of $713.30 million.
Crypto Daybook Americas: Bitcoin Dominance Nears 4-Year High
Bitcoin (BTC) continues to defy global economic uncertainty, inching closer to reclaiming $86,000. It is now less than 3% away from its "Liberation Day" high. To put the move into perspective, bitcoin dominance — which measures BTC’s share of the total cryptocurrency market cap — is approaching 64%, a level not seen since January 2021. In contrast, the Nasdaq 100 is still 5% away from its own Liberation Day high, underscoring bitcoin’s relative strength versus U.S. equities. According to Cheddar Flow, the S&P 500 has just formed a "death cross" — a traditionally bearish signal that occurs when the 50-day moving average falls below the 200-day moving average.