{"id":918472,"date":"2026-07-08T22:21:23","date_gmt":"2026-07-09T03:21:23","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/08\/bitcoin-price-analysis-demands-for-btc-usd-are-drying\/"},"modified":"2026-07-08T22:21:23","modified_gmt":"2026-07-09T03:21:23","slug":"bitcoin-price-analysis-demands-for-btc-usd-are-drying","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/08\/bitcoin-price-analysis-demands-for-btc-usd-are-drying\/","title":{"rendered":"Bitcoin Price Analysis: Demands for BTC USD Are Drying"},"content":{"rendered":"

Bitcoins <\/p>\n

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Author<\/p>\n

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Ahmed Barakat<\/p>\n

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Author<\/p>\n

Ahmed Barakat<\/span>\"bitcoins<\/span>\n <\/p>\n<\/p><\/div>\n

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Part of the Team Since<\/p>\n

Aug 2025<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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About Author<\/p>\n

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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CryptoNews Editorial Team<\/p>\n

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Author<\/p>\n

CryptoNews Editorial Team<\/span>\"bitcoins<\/span>\n <\/p>\n<\/p><\/div>\n

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Part of the Team Since<\/p>\n

Sep 2018<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

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About Author<\/p>\n

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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Last updated:\u00a0<\/p>\n

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Bitcoin price is struggling to hold its ground, and our recent analysis will tell you why. BTC USD is falling under $62,000, painting a red chart, down by 1.5% as demand metrics flash some of the weakest readings in years.<\/p>\n

CryptoQuant analyst flagged that the 30-day combined growth of spot and perpetual futures demand has collapsed to -650,000 BTC. This figure has appeared only three times since 2019. Market analyst Micha\u00ebl van de Poppe is having the same concern, noting that Bitcoin is \u201cstalling beneath $65K,\u201d with a clean break above that level needed to trigger any run toward the $72,000\u2013$74,000 range. <\/p>\n

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Bitcoin Demand Hits a Level Seen Only 3 Times Since 2019<\/p>\n

\u201cThe current setup therefore looks less like a confirmed reversal and more like the beginning of a final cleansing phase.\u201d \u2013 By @MorenoDV_<\/a> pic.twitter.com\/Qk0lrzTDky<\/a><\/p>\n<\/div>\n

\u2014 CryptoQuant.com (@cryptoquant_com) June 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Bitcoin has shed 8% this week, following a brutal 14% decline last week. Monthly losses now sit at 24%. Although some believe that the price action is in a \u201cneutral consolidation,\u201d with Bitcoin tracking risk assets more than internal crypto dynamics.<\/p>\n

Discover: The Best Crypto to Diversify Your Portfolio<\/a><\/u><\/strong><\/p>\n

Bitcoins What\u2019s Next? Here\u2019s Our Bitcoin Price Analysis<\/h2>\n

Bitcoin is pinned in a narrow band. With volume demand growth at -650,000 BTC on a 30-day basis, there are simply fewer buyers available to absorb any fresh wave of selling.<\/p>\n

The 200-week SMA sits near $62,800 and is acting as immediate overhead resistance that BTC needs to turn into support. It\u2019s a pivotal point. A sustained hold above it points toward consolidation. A clean break below opens the door to a retest of $60,000 as confidence gets fragile.<\/p>\n

On the upside, $65,000 is the wall. Van de Poppe identified it as the prior support-turned-resistance from February\u2019s crash, and the level that must flip before any meaningful rally can develop. <\/p>\n

Our technical dashboard shows a split signal: several oscillators have moved into overbought territory on shorter timeframes, while moving averages on higher timeframes remain in buy mode, a contradiction that typically resolves with volatility. <\/p>\n

Discover: The Best Token Presales<\/a><\/u><\/strong><\/p>\n

Bitcoins Bitcoin Hyper is Ready to Drive The Demand Back Up<\/h2>\n

Spot Bitcoin<\/a> demand drying up is painful for holders<\/a> waiting on a clean breakout. But it\u2019s also a reminder of Bitcoin\u2019s core constraints. It has a slow throughput, high fees, and zero native programmability, and that caps its ceiling as a platform asset, regardless of price. That\u2019s the gap a new entrant is trying to close.<\/p>\n

Bitcoin Hyper ($HYPER)<\/a> is positioning itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, offering a faster performance than Solana itself while preserving Bitcoin\u2019s underlying security. <\/p>\n

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