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Bitcoin (BTC) is experiencing a notable price recovery, reclaiming the $85,000 level after a 4.3% increase in the past 24 hours. This rebound has sparked renewed optimism among investors, who are now looking for signs of further momentum in the market.
However, while Bitcoin is showing signs of a potential uptrend, on-chain data suggests that market demand remains weak, which could impact the sustainability of this rally.
Bitcoin Demand Drops Despite Price Recovery
Recent on-chain analysis by CryptoQuant analyst Darkfost has revealed that Bitcoin’s current demand is at its weakest level of the year. His research highlights a key supply-demand ratio, showing a steady decline in Bitcoin accumulation since December 2024.
This lack of demand, coupled with ongoing economic and political uncertainty, may indicate that investors are exercising caution before making larger commitments.
According to Darkfost’s analysis, Bitcoin demand is measured by comparing new supply entering the market to the supply that has remained inactive for over a year. When this ratio falls below zero, it indicates that fewer BTC are being actively accumulated, which can signal a negative demand shift.
The weakest Bitcoin demand of the year
“Demand has been weakening since December and continues to decline over time. This suggests that investors are becoming more cautious and may be shifting toward less risky assets.” – By @Darkfost_Coc
Read more 👇https://t.co/0aw9CEFHPe pic.twitter.com/NRqS1k6t3g
— CryptoQuant.com (@cryptoquant_com) March 14, 2025
His findings suggest that investor interest in Bitcoin has been weakening for months, despite short-term price movements suggesting otherwise.
The decline in demand aligns with broader economic uncertainties and geopolitical tensions. Investors appear to be moving towards less volatile assets, which could explain the gradual slowdown in Bitcoin’s accumulation rate, Darkfost reveals.
While this does not necessarily signal a bearish outlook, it does suggest that market conditions remain fragile, and Bitcoin’s price action may be highly reactive to upcoming economic events.
Key Levels and BTC Predictions
Despite the concerns surrounding weaker demand, analysts remain optimistic about Bitcoin’s long-term trajectory. Javon Marks, a widely followed crypto analyst, has shared a Bitcoin price target of over $500,000.
This pattern confirmation on Bitcoin suggests to get ready for All Time Highs to return because strength is still underlying in prices despite the pullbacks!
A massive +36% recovery, pre-continuation, and based on the previous setup, the continuation can be massive.$BTC https://t.co/Rrlh2QHMpK pic.twitter.com/1bj1T8IJHG
— JAVON⚡️MARKS (@JavonTM1) March 13, 2025
He pointed out that historical price structures indicate the possibility of a major bull phase, suggesting that BTC may be approaching its strongest bullish period yet. Additionally, another analyst, Ali, highlighted Bitcoin’s recent ascending triangle formation, a pattern that typically signals a breakout opportunity.
In his analysis, Ali noted that if BTC were to break past the $84,000 resistance level, a 9% price surge could follow. As of now, BTC has already surpassed this critical level, raising the possibility of an extended rally if buying pressure sustains.
Featured image created with DALL-E, Chart from TradingView
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.
Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.
Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.
When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)
Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.
In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.
Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think’s probably unfeasible, I’ve done already a hundredfold.”
PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.
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