CryptoQuant's latest analysis shows a concerning trend in Bitcoin (BTC) demand. According to their findings, demand for BTC currently stands at a mere 182k, significantly lower than the levels observed during its all-time highs (ATHs) in 2020-2021 and early 2024, when it peaked at 490k-550k. This notable decline in demand raises concerns about the sustainability of BTC's recent price increases. CryptoQuant emphasizes that solid demand is crucial for driving sustainable price growth. The current low demand levels suggest that the recent price surge may be facing headwinds, and further increases may be challenging until demand picks up momentum. Investors should closely monitor demand metrics to assess the long-term prospects of BTC's price performance.

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