A “Perfect Storm” of Bitcoin Demand Trends are Driving the Bull Run

Bitcoin has undergone an extremely strong rally over the past few weeks and months that has brought it from $10,000 to $24,000. The leading cryptocurrency currently trades for $23,000 after a slight correction. Analysts say that there is a “perfect storm” of demand trends for Bitcoin that has enabled this extremely strong rally. Bitcoin Rally is Being Driven by Critical Demand Trends BTC is expected to move even higher in the medium to long term as these demand trends are expected to continue. This is in line with the expectations of many top analysts that Bitcoin will move to six digits over the next two years. Cole Garner, an on-chain-focused BTC analyst, recently shared an extensive Twitter thread outlining why he thinks BTC’s demand trends are extremely positive. He wrote on the manner: “A perfect storm of demand dynamics is driving #Bitcoin price. I think something shifted in the market…

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