#Will Bitcoin eco-tokens surge amid the upcoming halving?#



CryptoQuant announced: There is an unprecedented increase in demand for Bitcoin!
Julio Moreno, Head of Research at CryptoQuant, has noted that the demand for Bitcoin (BTC) is growing at an unprecedented rate.

Julio Moreno mentioned Bitcoin in a social media post on April 9. Stating that the demand for Bitcoin has started to increase in an unprecedented way, the experienced name pointed out that the price is facing serious buying pressure.

While emphasizing that the demand for Bitcoin clearly outstrips the supply, he noted that the data on demand comes from accumulation addresses.
Julio Moreno said that there has been a noticeable growth in the savings wallets in question, but that they reflect only a part of the total demand and that the tip of the iceberg could be much deeper:
Demand in Bitcoin has outstripped supply. Demand is growing at an unprecedented rate. Here I estimate the demand by the growth in the total balance of accumulation addresses, that is, this is only a part of the total demand.

#ContentStar# #Gate post Highlights#
#HotTopicDiscussion# #BountyCreator#
#GateLive# #NewsMessenger#
BTC-2.47%
TT-3.03%
KAR-3.28%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
Boxerqueenvip
· 2024-04-10 14:35
Thank you my dear To Da Moon 🌕💫💖😘
Reply0
Nunu123vip
· 2024-04-10 06:07
To Da Moon 🌕
Reply1
Ryakpandavip
· 2024-04-09 23:57
Thanks for the info 🌹🌹🌹
View OriginalReply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)