Demand for BTC appears to be on the rise once again. We're observing a noticeable difference between the initial surge earlier this year and the range that settled in over the following months, during which demand even dropped to negative levels.
Looking at current demand levels, it aligns with those seen back in February, which could indicate the beginning of a new upward trend. This resurgence in demand suggests a positive market sentiment and potential growth in the near future. Investors and analysts should closely monitor these developments as they could signal a significant shift in the market dynamics for Bitcoin.