On-chain data reveal a hidden phase of bitcoin accumulation

While Bitcoin (BTC) is maintained above $ 81,000, the signals of a dynamic change are multiplying. Recent data suggests a transition to an accumulation phase, marked by the drop in cash sales and negative financing rates on trading platforms. This technical context, often a pioneer of a bullish reversal, may well announce an upcoming impulsive movement.

A bitcoin investor that accumulates BTC and hides it under his bed

Bitcoin: the signals of a reversal of the situation

While the behavior of the whales announces an immediate rebound in the BTC, the financing rates, themselves, passed into negative territory on several major exchanges, notably Binance, Bybit, OKX, Deribit. This indicates that the selling positions surpass long positions. Historically, this phenomenon reflects an excessive mistrust of the market, often followed by a rebound when the sellers uncovered are forced to cover themselves. Clearly, traders betting against Bitcoin could soon be trapped if the price goes up.

Bitcoin financing rates have passed into negative territory on several major exchanges, including Binance, Bybit, OKX, Deribit.Bitcoin financing rates have passed into negative territory on several major exchanges, including Binance, Bybit, OKX, Deribit.
Negative financing rates on Binance, Bybit, OKX and Deribit

Another key signal: the fall in the volume of cash sales. Bitcoin investors no longer rush to collect their earnings, preferring to keep their positions. This attitude reflects growing confidence in a long -term upward trend. According to on-chain data, long-term holders are back in accumulation mode.

Resistance to cross to confirm the momentum

Despite these promising signals, Bitcoin still faces a major technical resistance around $ 86,000. The crossing of this threshold would confirm the bullish recovery. For the time being, buyers firmly defend the $ 81,000 area, creating a favorable land for a future explosion of volatility.

On the macroeconomic side, global commercial uncertainties continue to impact assets. Especially at this time when Donald Trump has just announced the new customs tariffs, which precipitated the stock markets in the red. However, the resilience of Bitcoin in the face of these disturbances testifies to its growing role as an alternative active. Institutional investors, although prudent, seem ready to gradually reinstate the market.

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Not all the lights are in green, but the current context is similar to an lull before the storm. If the selling pressure continues to fade and the resistance of the $ 86,000 gives in, Bitcoin could start a new bullish phase. For wise investors, it may be the time to accumulate, before the market restarts in a rush. But everything could soon switch, because there is 70 % chance that an Crypto Krach occurs before June.

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