![Is Bitcoin (BTC) Demand Drying Up? Top Analyst Shares Details | TheSpuzz Is Bitcoin (BTC) Demand Drying Up? Top Analyst Shares Details | TheSpuzz](https://i3.wp.com/bitcoinist.com/wp-content/uploads/2024/09/DALL·E-2024-09-06-06.36.49-A-feature-image-for-an-article-titled-Is-Bitcoins-Demand-Drying-Up_-Top-Analyst-Shares-Details.-The-image-should-prominently-feature-the-Bitcoin-B.webp?w=600&resize=600,400&ssl=1)
Is Bitcoin (BTC) Demand Drying Up? Top Analyst Shares Details | TheSpuzz
Source: Bitcoinist Bitcoin (BTC) is at a crucial level after a sharp 15% retrace from recent local highs. While traders and enthusiasts speculate about the causes of this downturn, the consensus is clear: demand is weakening. CryptoQuant’s head of research, Julio Moreno, has provided an in-depth analysis of the situation, relying on key market indicators…