✉news BusinessCrypto first seen 9 h ago, last 49 min ago, peak #17

Bitcoin Recovery in Doubt as US Demand Turns Negative

Original: Bitcoin Price Analysis: Is BTC’s Recovery Over as US Demand Turns Negative?

Analysts are questioning whether Bitcoin's recent price recovery has run out of steam, citing fresh on-chain data showing demand from United States investors turning negative. The analysis suggests weakening US buying pressure could stall or reverse BTC's gains, and traders are watching whether the pullback in demand marks a short-term dip or the end of the current rebound.

Why now: Bitcoin's recovery is at a pivotal point and weakening US demand raises concerns about a possible reversal.

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Evidence

• Bitcoin Price Analysis: Is BTC’s Recovery Over as US Demand Turns Negative? · CryptoPotato
• Bitcoin Price Analysis: Is BTC’s Recovery Over as US Demand Turns Negative? · CryptoRank

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