CryptoQuant: Bitcoin demand remains weak, but the price may rebound to between $71,500 and $81,200
According to Theblock citing CryptoQuant data, although some institutional buyers are still continuing to purchase, the spot demand for Bitcoin remains in a "deep contraction" state. As of late March, the 30-day apparent demand has decreased by approximately -63,000 BTC, indicating that the selling pressure in the market is still stronger than the buying pressure.
CryptoQuant stated that if the conflict between the U.S. and Iran eases, the price of Bitcoin could rise to the range of $71,500 to $81,200, which are key resistance levels in a bear market.
You may also like
Tokenized Gold on Solana: Bitcoin Layer 2 RWA on the Horizon?
Key Takeaways: OCBC’s GOLDX token now on Solana, backed by $525 million AUM fund. Solana surged 290% in…
Cardano Crypto Holds $0.24 as ADA’s Volume Jumps 48%: Recovery Ahead?
Key Takeaways: Cardano (ADA) is currently stabilizing at $0.24 with a recent +1.17% gain, though its recovery from…
US Law Firm Issues Apology Over AI-Caused Legal Filing Errors
Key Takeaways: Sullivan & Cromwell admitted to submitting a court filing with around 40 incorrect citations caused by…
Mozilla Employs Anthropic AI to Detect 271 Firefox Vulnerabilities
Key Takeaways: Mozilla’s internal test with Anthropic’s Claude Mythos AI found 271 vulnerabilities in Firefox, all patched this…
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Bitcoin Price Prediction: Blackrock’s Big Bitcoin Bet
Key Takeaways: BlackRock’s spot bitcoin ETF, IBIT, saw a net inflow of $871 million, leading the ETF market.…
Saylor Signals Massive Bitcoin Buys with Semi-Monthly Dividends Strategy
Key Takeaways: Michael Saylor indicates a forthcoming substantial Bitcoin purchase following a historical $1 billion acquisition. Proposal put…
Ethereum Price Prediction: Singapore’s Major Bank Launches Gold Token on ETH
Key Takeaways: OCBC bank has introduced GOLDX, a pioneering tokenized physical gold fund on Ethereum, revolutionizing institutional capital…
Ethereum’s Memecoin Surge: Key Insights and Price Trajectory
Key Takeaways: A single memecoin trader turned $2,500 into $500,000 with a 100,000% gain. Ethereum memecoin season could…
Spot Bitcoin ETFs Near $1 Billion in Weekly Inflows, Best Stretch Since Mid-January
Key Takeaways: Spot Bitcoin ETFs saw nearly $1 billion in weekly inflows, their best performance since mid-January. BlackRock’s…
Bitcoin Price Stuck Below $79K – Could BMIC’s Quantum-Safe Wallet Attract BTC Holders?
Key Takeaways: Bitcoin is hovering close to $72,700, trapped in the $76K–$79K resistance zone as bulls and bears…
XRP Price Prediction: Wrapped XRP Just Launched on Solana — Is This the DeFi Unlock XRP Holders Have Been Waiting For?
Key Takeaways: Wrapped XRP (wXRP) is now live on Solana, opening doors for XRP holders to explore DeFi…
Bitcoin Price Prediction: Crypto Struggles Amid Iran Conflict
Key Takeaways: Bitcoin holds steady above $70,000 despite geopolitical tensions between the US and Iran. Recent events see…
A $293 Million Hack Cuts Deep into Aave’s $8 Billion TVL: Is DeFi Staring at a Crisis?
Key Takeaways: Aave’s total value locked (TVL) plunged from $26.4 billion to $17.94 billion following a massive hack.…
EU Finance Firms Demand Urgent Blockchain Rule Changes Amidst US Progress
Key Takeaways: A coalition of 39 European financial firms, including Nasdaq, pressures the EU to expedite DLT regulatory…
2024 BTC Cycle ‘Dramatically’ Underperforming Previous Halvings
Key Takeaways: The current Bitcoin cycle shows significantly reduced volatility and upside compared to previous cycles. BTC’s growth…
European Investors Eye Bank Changes for Better Crypto Services
Key Takeaways: 35% of European investors would switch banks for improved crypto services. Regulatory uncertainty is a significant…
Saylor Signals Bigger Bitcoin Buy Amid Semi-Monthly Dividend Plan
Key Takeaways: Michael Saylor hints at a new substantial Bitcoin acquisition, following a recent $1 billion purchase. Strategy…
Tokenized Gold on Solana: Bitcoin Layer 2 RWA on the Horizon?
Key Takeaways: OCBC’s GOLDX token now on Solana, backed by $525 million AUM fund. Solana surged 290% in…
Cardano Crypto Holds $0.24 as ADA’s Volume Jumps 48%: Recovery Ahead?
Key Takeaways: Cardano (ADA) is currently stabilizing at $0.24 with a recent +1.17% gain, though its recovery from…
US Law Firm Issues Apology Over AI-Caused Legal Filing Errors
Key Takeaways: Sullivan & Cromwell admitted to submitting a court filing with around 40 incorrect citations caused by…
Mozilla Employs Anthropic AI to Detect 271 Firefox Vulnerabilities
Key Takeaways: Mozilla’s internal test with Anthropic’s Claude Mythos AI found 271 vulnerabilities in Firefox, all patched this…
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Bitcoin Price Prediction: Blackrock’s Big Bitcoin Bet
Key Takeaways: BlackRock’s spot bitcoin ETF, IBIT, saw a net inflow of $871 million, leading the ETF market.…
Contents
Popular coins
Latest Crypto News
