Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst
18 Março 2025 - 9:00AM
NEWSBTC
Bitcoin (BTC) continues to trade below the $85K level, fueling
fears of further downside as the bearish trend remains intact.
Bulls are losing momentum, failing to reclaim key resistance levels
and hold lower demand zones, raising concerns about a potential
continuation of the correction. Related Reading: 130,000 Ethereum
Moved Off Exchanges – Bullish Signal? Macroeconomic uncertainty and
volatility remain key drivers of price action, with erratic policy
decisions from U.S. President Donald Trump adding to the turbulence
in both crypto and traditional markets. The global trade war
narrative and tightening monetary conditions continue to weigh
heavily on risk assets, contributing to Bitcoin’s inability to
sustain a meaningful recovery. However, there is a shift in market
behavior that could indicate a turning point. Key metrics from
Glassnode reveal that after three months of distribution,
Accumulation Trend Scores hint at early signs of BTC accumulation.
Historically, a transition from distribution to accumulation has
often preceded a recovery phase, suggesting that investors might be
stepping back in at these lower levels. The next few weeks will be
crucial, as Bitcoin’s ability to hold support and attract fresh
demand will determine whether the market is preparing for a rebound
or a deeper correction. Bitcoin In Correction Mode – Accumulation
Trends Hint At A Possible Shift Bitcoin has officially entered
correction territory after losing the $100K mark, and the bearish
trend was fully confirmed when BTC failed to hold above $90K. Since
reaching its all-time high (ATH) of $109K in January, Bitcoin has
dropped over 29%, and it appears this trend could continue as
global macroeconomic conditions remain unfavorable. Related
Reading: Solana Holds Bullish Pattern – Expert Sets $140 Target
Trade war tensions between the United States and key global
economies like Europe, China, and Canada continue to pressure
financial markets, leading to uncertainty and risk-off sentiment.
As these geopolitical issues intensify, both crypto and traditional
markets remain highly volatile, struggling to find stability.
However, not all indicators are bearish. Ali Martinez shared
insights on X, revealing that the tide is turning for Bitcoin.
After three months of distribution, the Accumulation Trend Scores
model is hinting at early signs of BTC accumulation. Historically,
these phases signal that large investors are re-entering the
market, positioning themselves ahead of a potential recovery. This
accumulation phase is a critical turning point that will determine
whether Bitcoin sees a fast recovery above key supply levels or a
long consolidation period before the next major move. The next few
weeks will be decisive for BTC’s short-term outlook. $80K Retest on
the Horizon? Bitcoin is currently trading at $83,000, caught in a
tight consolidation as it struggles to break above $85K while
maintaining support at $82K. This range-bound price action has left
investors uncertain, with bulls attempting to reclaim higher levels
and bears pressing for further downside. If bulls want to regain
control, BTC must push above $89K, a key resistance level aligned
with the 4-hour 200 moving average (MA). A successful breakout
above $90K could confirm a recovery trend and open the door for
further gains toward $95K and beyond. Related Reading: 640,000
Chainlink (LINK) Withdrawn From Exchanges In 24 Hours – Bullish
Accumulation? However, if Bitcoin fails to break above $90K in the
coming sessions, the risk of a deeper correction increases. Losing
$82K could send BTC into a downward spiral, potentially retesting
$80K or even lower levels. With market sentiment still fragile, the
next major move will likely determine the short-term trajectory of
Bitcoin’s price action. Featured image from Dall-E, chart from
TradingView
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