🚀💸 BITCOIN SURGES PAST $85,000! 🚀 DESPITE WEAK DEMAND, EXPERTS PREDICT MASSIVE GAINS! 🤯
Bitcoin's Resilience: 🔥
Bitcoin (BTC) has recovered to $85,000, posting a 4.3% gain in 24 hours. Investors are hopeful after this bounce, expecting market momentum to build. 🚀
On-Chain Data Reveals Limited Demand: 📊
CryptoQuant researcher Darkfost's analysis shows Bitcoin demand at its lowest level of the year. The supply-demand ratio indicates declining Bitcoin accumulation since December 2024. 📉
Economic and Geopolitical Uncertainty: 🌪️
Lack of demand and economic and political uncertainties signal cautious investors. Darkfost estimates Bitcoin demand by comparing fresh supply against idle supply, revealing a negative demand shift. 🔴
Expert Predictions: 🔮
Despite decreased demand, economists are confident about Bitcoin's long-term direction. Popular crypto analyst Javon Marks predicts Bitcoin will surpass $500,000! 🚀
Key BTC Levels and Predictions: 🔑
- *Pattern Confirmation:* Signals All-Time Highs are coming, with prices remaining strong despite pullbacks!
- *Ascending Triangle Formation:* Implies a breakout, according to expert Ali.
The Future of Bitcoin: 🔮
BTC may be entering its strongest bull wave due to historical price structures. Stay tuned for further updates and expert insights! 🔍
