Insight: Bitcoin On-Chain Demand Still Weak, Stronger Demand Needed to Return to $100K

BlockBeats2026/01/07 08:17

By:BlockBeats

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

BlockBeats News, January 7th, CryptoQuant analyst caueconomy stated in a post that even though the Bitcoin price has returned to above $93,000, on-chain demand continues to show weakness, requiring a stronger recovery to support a return to $100,000.

With market sentiment still mixed and trading volumes low, solid signs of improvement in on-chain activity have yet to emerge. However, as the holidays conclude (a period during which many investors reduce their trading), this situation may now change.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Insight: Bitcoin On-Chain Demand Still Weak, Stronger Demand Needed to Return to $100K

You may also like

Crypto prices