The post Bitcoin Demand Turns Bullish, New Investors Restart Buying! appeared first on Coinpedia Fintech News
With Bitcoin reclaiming the $66k level, the market sentiment is increasingly optimistic, with many expecting a significant BTC rally in the coming weeks. Reportedly, on-chain data reveals that new investors are starting to buy BTC again. Historically, new investor accumulation periods often highlighted major price surges. With the broader market showing signs of recovery and Bitcoin price regaining momentum, the coming days will be crucial for the market. Moreover, investors are closely studying to see if this momentum can be sustained and lead to a breakout to new ATH.