Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful just yet.
Here’s a closer look at what the data really shows.
A Closer Look at Bitcoin Apparent Demand
The Bitcoin Apparent Demand chart, based on a 30-day total, is starting to show signs of recovery from the negative zone.
Source: CryptoQuant
Apparent Demand is a useful metric for measuring how much overall interest there is in Bitcoin. It compares how much new Bitcoin is being created through mining with changes in how much Bitcoin is being held for long periods.
When apparent demand is positive, it means more Bitcoin is being taken out of circulation—often stored long-term—than is being created by mining. This can reduce the available supply, which could push prices higher.
Right now, the apparent demand seems to be climbing back toward positive levels. If this trend continues, it might lead to a bullish rally in the near future.
What Happened in 2021: Lessons from the Last BTC Cycle
Some analysts say this pattern looks familiar. In 2021, a similar trend appeared where demand remained weak for months even though prices stayed stable. It took a long period of market consolidation before a true recovery happened.
This could mean the recent bounce is just temporary relief—not a sign of strong recovery or growing long-term interest yet.
Teddy’s Take: Market Tests, Not Cheers
Teddy, a well-known crypto analyst, agrees that Bitcoin demand has improved. He points out that some buyers have returned to the market.
“Apparent demand recovering” – let’s entertain the thought. Sure, metrics hint at some return of optimistic buyers.
But here’s the question: What happens when the next macro grenade drops? Another tariff headline, a rate shock, or geopolitical twist – & poof, confidence… pic.twitter.com/7jlfUAleft
However, he also shares concerns. He believes that major macroeconomic events—like rising interest rates, new tariffs, or global tensions—could quickly reverse the current optimism.
Trump’s New Economic Policy
US President Donald Trump has recently launched a tough tariff policy that’s affecting nearly every major type of investment, including cryptocurrencies.
Although the Trump administration gave a short 90-day pause on tariffs for countries that haven’t responded with their own, the President made it clear that he plans to fully move forward with the policy. He also dismissed rumors suggesting he might back down.
This raises a big question for Bitcoin investors: will those who’ve held Bitcoin for the long haul stay calm, or will they panic and sell if another major economic shock hits? Teddy believes the crypto market is one that rewards patience, not quick optimism.
Bitcoin started this year at $93,623.09. Just before Trump’s inauguration, it reached an all-time high of $109,595.64, growing by over 9.54% in January.
Bitcoin Price Analysis Source: Trading View
But things took a turn in February, when the market dropped by 17.5%, bringing the total decline since February to more than 16.15%. March was slightly better, with the market falling by just 2.19%.
At the beginning of April, Bitcoin was priced at $82,541.66. It briefly fell to $74,517 on April 7 but has since made a strong comeback. Since April 9, it has risen by more than 12.49%. In the past 24 hours alone, prices have gone up by 1.4%.
Hope is in the air, but so is uncertainty—and in crypto, that’s just another Tuesday.
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The post Bitcoin Price Jumps 8%: Has the Trend Reversed or Is This a False Rally? appeared first on Coinpedia Fintech News
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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