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Bitcoin Price Jumps 8%: Has the Trend Reversed or Is This a False Rally?

Published by
Vignesh S G

Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful just yet.

Here’s a closer look at what the data really shows.

A Closer Look at Bitcoin Apparent Demand

The Bitcoin Apparent Demand chart, based on a 30-day total, is starting to show signs of recovery from the negative zone.

Bitcoin Apparent Demand
Source: CryptoQuant

Apparent Demand is a useful metric for measuring how much overall interest there is in Bitcoin. It compares how much new Bitcoin is being created through mining with changes in how much Bitcoin is being held for long periods.

When apparent demand is positive, it means more Bitcoin is being taken out of circulation—often stored long-term—than is being created by mining. This can reduce the available supply, which could push prices higher.

Right now, the apparent demand seems to be climbing back toward positive levels. If this trend continues, it might lead to a bullish rally in the near future.

What Happened in 2021: Lessons from the Last BTC Cycle

Some analysts say this pattern looks familiar. In 2021, a similar trend appeared where demand remained weak for months even though prices stayed stable. It took a long period of market consolidation before a true recovery happened.

This could mean the recent bounce is just temporary relief—not a sign of strong recovery or growing long-term interest yet.

Teddy’s Take: Market Tests, Not Cheers

Teddy, a well-known crypto analyst, agrees that Bitcoin demand has improved. He points out that some buyers have returned to the market.

However, he also shares concerns. He believes that major macroeconomic events—like rising interest rates, new tariffs, or global tensions—could quickly reverse the current optimism.

Trump’s New Economic Policy

US President Donald Trump has recently launched a tough tariff policy that’s affecting nearly every major type of investment, including cryptocurrencies.

Although the Trump administration gave a short 90-day pause on tariffs for countries that haven’t responded with their own, the President made it clear that he plans to fully move forward with the policy. He also dismissed rumors suggesting he might back down.

This raises a big question for Bitcoin investors: will those who’ve held Bitcoin for the long haul stay calm, or will they panic and sell if another major economic shock hits? Teddy believes the crypto market is one that rewards patience, not quick optimism.

Bitcoin’s Price Journey in 2025 So Far

Bitcoin started this year at $93,623.09. Just before Trump’s inauguration, it reached an all-time high of $109,595.64, growing by over 9.54% in January.

Bitcoin Price Analysis Source: Trading View

But things took a turn in February, when the market dropped by 17.5%, bringing the total decline since February to more than 16.15%. March was slightly better, with the market falling by just 2.19%.

At the beginning of April, Bitcoin was priced at $82,541.66. It briefly fell to $74,517 on April 7 but has since made a strong comeback. Since April 9, it has risen by more than 12.49%. In the past 24 hours alone, prices have gone up by 1.4%.

Hope is in the air, but so is uncertainty—and in crypto, that’s just another Tuesday.

FAQs

What will Bitcoin be in 10 years?

Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.

When did Bitcoin hit $1?

Bitcoin first hit $1 on February 9th, 2011. This historic milestone was achieved on the now defunct Mt. Gox exchange.

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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