Why Bitcoin’s Current Market Behavior Doesn’t Resemble An Accumulation Phase Right Now | Bitcoinist.com

Following the sudden recovery of the broader cryptocurrency market, the Bitcoin price is slowly heading back towards the $100,000 mark, showing that bulls are reentering the market. Despite bulls r...

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Why Bitcoin’s Current Market Behavior Doesn’t Resemble An Accumulation Phase Right Now | Bitcoinist.com

Source: Bitcoinist.com

Following the sudden recovery of the broader cryptocurrency market, the Bitcoin price is slowly heading back towards the $100,000 mark, showing that bulls are reentering the market. Despite bulls returning to the market, on-chain data suggests that the current state of BTC is not in an accumulation phase. Bitcoin Is Not In An Accumulation Phase […]