Bitcoin.com
February 5, 2026 2:43 PM UTC

Cryptoquant Researchers Warn Bitcoin’s April Rally Mirrors 2022 Bear Market Demand Pattern

Cryptoquant data shows bitcoin’s 20% April rally from $66,000 to $79,000 was built entirely on perpetual futures demand while spot buying contracted throughout the move, raising serious questions about the rally’s durability. Key Takeaways: Cryptoquant data shows bitcoin’s April 2026 rally from $66K to $79K was driven entirely by perpetual futures demand, with zero spot

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