The Shift in Bitcoin's Demand Fuels Positive Surge as it Approaches $86K Price Point

Bitcoin's demand has switched from negative to positive for the first time in 2025, indicating increased accumulation by investors. As the cryptocurrency stands close to $86,000 with its market dominance exceeding 60%, experts speculate whether this could be the onset of a new rally towards record peaks.

This shift in demand is particularly significant given the current macroeconomic climate, with inflation worries and easing global trade tensions speculated to be driving institutions back to Bitcoin. Bitcoin's technical behavior is also contributing to the bullish trend, with the asset breaking out from a descending triangle.

Although Bitcoin is still 21% off its all-time high, on-chain data shows a positive RSI divergence, indicating potential for continued upward movement.