Bitcoin’s demand shows early signs of recovery, according to on-chain analytics charts. Over the past seven days, the Bitcoin market experienced a nearly 8% surge. While some investors are optimistic about this as potentially marking the beginning of a bullish trend, crypto analysts like Teddy caution against premature optimism. A closer look at the data reveals potential signals for future price movements. Analysis highlights an increase in Bitcoin’s apparent demand – suggesting the market may see a bullish rally in the near term. 2021 provides valuable lessons from a similar pattern. When the demand stayed low for months despite stable prices, it wasn’t until after a period of consolidation that a true recovery occurred. This suggests the recent bounce might be short-lived and not yet indicative of strong buying activity. Teddy, along with other experts, acknowledges the increased Bitcoin demand but expresses concern about potential macroeconomic events like tariffs, interest rate changes, or geopolitical tensions that could dampen investor sentiment and potentially trigger a sell-off. The US President’s recent tariff policy announcement has already affected most asset classes including cryptocurrencies. While there have been brief pauses in its implementation due to diplomatic efforts, the future of this policy remains uncertain. The question now is: will long-term Bitcoin holders maintain their positions or panic sell if a major macroeconomic event occurs? This market emphasizes patience and resilience over premature optimism. The Bitcoin market’s current trajectory shows a decline from its all-time high in January, despite recent gains. It’s crucial to understand the factors behind this price fluctuation to gain insight into potential future trends.