Breaking ‘bear market’ in Bitcoin demand will spark next BTC price surge — Analysts

Bitcoin (BTC) demand has been in a “bear market” for a whole year, but a surge is most likely what will spark a new price run-up.

That’s according to prominent economics analyst Lyn Alden, who in a Twitter debate this week bet on demand snowballing and lifting BTC price action.

Back: Watch supply and demand for BTC price cues

Responding to a survey by stock-to-flow model creator PlanB, Alden said that a demand transformation is more likely to cause a BTC price boom than multiple other…


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