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Accumulation Phase Begins in Bitcoin: Early Signs Pointing Towards Market Shift

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After a decline in the past three months, Bitcoin has entered into an accumulation phase once again. According to Glassnode data, early signs of accumulation by BTC indicate that investors are starting to step back at lower levels. This situation increases market participants’ hopes for future price movements, while determining in the upcoming weeks whether Bitcoin will enter a recovery phase or a deeper correction. Bitcoin (BTC) continues to trade below the $85,000 level, raising expectations for further declines as the downtrend remains unbroken. Bulls are losing momentum, struggling to surpass significant resistance levels, and failing to sustain low demand zones. This has led market participants to worry that the ongoing correction might deepen. Macro-economic uncertainty and market volatility have further increased, especially due to the turbulent effect of US President Donald Trump’s erratic policy decisions on both crypto markets and traditional financial markets. Global trade wars and tightening monetary conditions continue to exert pressure on risky assets, hindering Bitcoin from showing a significant recovery. However, some fundamental indicators in market behavior are signaling a possible change. Data provided by Glassnode indicates early signs of Bitcoin accumulation after a three-month distribution period. This could be a sign that investors are beginning to step back at low levels. Historically, the transition from distribution to accumulation has often occurred before a market recovery period. This suggests that investors are re-entering the market and positioning themselves for a potential recovery process. The next few weeks will be a critical period for Bitcoin’s future. Whether Bitcoin can maintain its current support and attract new demand will determine whether the markets expect a recovery or a deeper correction. BITCOIN IN CORRECTION MODE: ACCUMULATION TRENDS INDICATE A POSSIBLE TURNAROUND Bitcoin entered into a correction phase after losing the $100,000 level. When BTC struggled to rise above the $90,000 level, the downtrend was fully confirmed. Since reaching the all-time high (ATH) of $109,000 seen in January, Bitcoin has lost over 29%, and this decline is expected to continue due to negative global macroeconomic conditions. Trade wars between the US and major economic powers such as Europe, China, and Canada continue to put pressure on financial markets, causing uncertainty and increasing risk aversion tendencies. As these geopolitical uncertainties increase, both crypto markets and traditional financial markets continue to display volatility while struggling to find stability. However, not all indicators signal a downtrend. Crypto analyst Ali Martinez noted that tides are turning for Bitcoin. Following a three-month distribution period, Glassnode’s Accumulation Trend Points model shows early signs of Bitcoin accumulation. This implies that major investors are re-entering the market and positioning themselves before a potential recovery. This accumulation phase could be a critical turning point for determining whether Bitcoin will experience a significant recovery above key supply levels or enter a longer consolidation period. The upcoming weeks will determine the direction of Bitcoin’s short-term price movement. CAN $80,000 BE RETESTED? Bitcoin is currently trading around $83,000 and struggles to surpass $85,000, while continuing to hold support at the $82,000 level. This choppy price movement creates uncertainty among investors, with bulls attempting to push to higher levels while bears exert downward pressure. For Bitcoin to be controlled by bulls, it needs to surpass a significant resistance level of $89,000, which aligns with the 4-hour 200 Moving Average (MA). Breaking above $90,000 could confirm a potential recovery trend and open the doors towards a new uptrend towards the $95,000 level. However, if Bitcoin fails to surpass this level, the risk of a deeper correction will increase. Particularly if the $82,000 level is lost, Bitcoin might spiral downwards and retest $80,000 or lower levels. With market sensitivity still fragile, Bitcoin’s next major move will determine the short-term direction of price movements.

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