Bitcoin demand continues to be weak, according to Foresight News. On-chain analytics firm CryptoQuant reports that despite ongoing purchases by some institutional buyers, the apparent 30-day demand growth for Bitcoin was approximately -63,000 BTC as of late March. This indicates that selling pressure in the market remains stronger than buying pressure. CryptoQuant suggests that easing geopolitical tensions could serve as a short-term positive catalyst, potentially triggering a rebound with a target at the lower boundary of $71,500