BTC/USD

-1.31%

Analysts compared the number of new bitcoins on the market with the number of bitcoins that remained inactive for a year and concluded that demand dynamics are decreasing. When this indicator falls below zero, demand will become negative:

"Demand began to weaken in December as political and macroeconomic uncertainty intensified, and market participants shifted to less risky assets."

Buying pressure from large players continues to grow, and there is a high probability that the value of the first cryptocurrency will fall below the key support level of $80,000, according to CryptoQuant experts.

Previously, analysts from Santiment stated that trading volumes of digital assets have been declining since January, and the behavior of traders amid the continuing decrease in capitalization indicates a stage of market exhaustion and capitulation.#BTC☀ #usd $BTC