đ#Bitcoinneeds more demand to reach new highs! đ
- New research from CryptoQuant shows that current demand indicators are weak.
- BTC whales slow accumulation rate from 6% (February) to just 1%.
- US Bitcoin ETFs are not enough to push prices higher.
- However, "permanent holders" are still accumulating BTC at a record 391K BTC/month.
- Current BTC price is around $59K, below the cost basis of many investors.
What do you think about the future of BTC? Share your thoughts! đŹ#Crypto#Blockchain#Finance#BTC
