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Bitcoin ‘demand generation’ phase mirrors 2022 market bottom — Are new highs incoming?

Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness highlights the absence of “new” buyers.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin ‘demand generation’ phase mirrors 2022 market bottom — Are new highs incoming?

Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness highlights the absence of “new” buyers.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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