As bitcoin crosses new psychological thresholds, it redraws the map of digital economic cycles

A consensus is now emerging among experts: the support around $90,000 could become a sustainable strategic base.

As bitcoin continues to scale new psychological thresholds, it also reshapes the map of digital economic cycles. A consensus is now emerging among experts: the support around $90,000 could become a sustainable strategic base for the cryptocurrency.

As reported by CryptoQuant, a leading on-chain analysis platform, this hypothesis is being validated by on-chain data and supported by projections from recognized valuation models.

This analysis follows the recent recovery of apparent demand, a key indicator that tracks the evolution of supply that has been inactive for more than a year.

CryptoQuant highlighted on April 26, 2025, on the X (formerly Twitter) social network :

Apparent demand for bitcoin has increased, indicating a spectacular recovery after a period of negative demand estimated at -200,000 BTC.

Such a massive return of dormant capital showcases a renewed appetite from investors, long absent after several months of selling pressure and market apathy.

This buyer return dynamic is confirmed by several key elements :

According to CryptoQuant, the conjunction of these factors strengthens the credibility of the $90,000 threshold as a new technical support. This strategic level contrasts with the more erratic fluctuations observed during previous market correction phases.

Technical Consolidation and Institutional Support Fuel the Momentum

While bitcoin now trades above $94,000, several indicators point to a continuation of the bullish movement. The Relative Strength Index (RSI) remains favorably oriented, suggesting that there is still room for growth before reaching overbought levels.

This consolidation phase at historically high levels reflects a maturing market, supported by a 14.76 % increase in trading volumes, reaching $35.46 billion.

Alongside these technical signals, the appetite of institutional players continues to exert major influence on bitcoin’s trajectory. Michael Saylor, CEO of MicroStrategy, reaffirms his commitment to bitcoin with the enthusiastic comment “bitcoin progresses or adapts faster” upon crossing $95,000, illustrating this renewed enthusiasm among major financial players.

This strategic accumulation by institutions could support current price levels but also foster a new medium-term bullish impulse.

In the longer term, the combination of consolidated support at $90,000, robust technical fundamentals, and strong institutional backing could pave the way for new highs in bitcoin. However, the intrinsic volatility of the crypto market requires caution.