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accumulation

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17 May 23

Bitcoin reclaims $27k as accumulation turns to distribution

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin is back at $27,000 after recording a rally of close to 2% within a 24-hour run. Trading at $27.400, BTC recorded a 1.7% gain within 24 hours as of press time, with trading volume rising by 12%. Bitcoin’s volatility levels […]

Bitcoin Price Prediction Shoots For The Moon3

25 Apr 23

Bitcoin remains in accumulation despite recent downtrend

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) is still in an accumulation phase despite the recent downtrend that has battered it below the $28,000 territory. This is according to a recent analysis from a CryptoQuant-verified author, citing the asset’s cycle from 2021 to 2024. The Accumulation […]

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11 Apr 23

Over half of bitcoin supply is dormant as accumulation continues

On-chain analytics provider Glassnode has recently released a report indicating that over 50% of the bitcoin (BTC) supply is dormant, pointing to a prevalent trend of holding and accumulating it. According to the data, these coins have been static for the last two years, with an all-time high of 53% of supply last active more […]

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07 Apr 23

Bitcoin is in the middle of accumulation, on-chain data shows

In recent developments, multiple indicators by Glassnode suggest that bitcoin (BTC) is currently in an accumulation phase. Several on-chain data points have reached all-time highs (ATH), indicating increased interest and long-term holding among the investors. This metric measures the percentage of the total bitcoin supply that has not been moved for at least five years. […]

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03 Apr 23

Bitcoin in strong accumulation zone, may rally

On-chain analytics firm Glassnode’s data reveals that bitcoin investors have recently been aggressively accumulating the cryptocurrency, a trend that may help prolong the ongoing rally. The “accumulation trend score” is the key indicator being analyzed, as it reflects whether bitcoin investors have been accumulating or distributing the digital asset over the past month. Bitcoin: Accumulation […]

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