Accumulation Trends Strengthen as Bitcoin Breaks Through $120K

Accumulation Trends Strengthen as Bitcoin Breaks Through $120K

Wallet cohorts shift from distribution to accumulation as U.S. investors show renewed bullishness.

Bitcoin Breaks $121,000; Ethereum, Dogecoin, XRP Also Extend Gains: Analytics Firm Says BTC Rally To $130,000 'Appears Realistic' - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Leading cryptocurrencies and stocks rose higher on Thursday, as investors shrugged off government shutdown concerns. Cryptocurrency Gains +/- Price (Recorded at 9:25 p.m. ET) Bitcoin (CRYPTO: BTC) +1.30% $120,125.23 Ethereum (CRYPTO: ETH)                +2.55% $4,468.61 XRP (CRYPTO: XRP)                          +1.98% $3.01 Solana (CRYPTO: SOL)                          +4.82% $231.39 Dogecoin (CRYPTO: DOGE)                          +4.47%…

Bitcoin clears $120K as onchain data points to a new BTC accumulation phase – DG Verifications & Stats

Bitcoin cleared the $120,000 level for the first time since August as long-term selling cools and short-term holders stabilize, hinting at a fresh accumulation phase. Market Update Key takeaways: Bitcoin clears the $120,000 hurdle as long-term holder selling pressure eases. Short-term holders are absorbing losses, signaling market stabilization. Neutral LTH flows may set the stage for a decisive breakout. Bitcoin (BTC) rallied above $120,000 …

Bitcoin clears $120K as onchain data points to a new BTC accumulation phase

Bitcoin selling from long-term holders subsides as short-term trader losses are absorbed, hinting at a potential bullish phase where $120,000 could become the base price.

3,800 BTC Added by Long-Term Holders in 30 Days as Bitcoin Eyes $120K

Bitcoin (BTC) was priced at around $118,600 at press time, showing a 4% increase over the last 24 hours and a 6% gain this week. Long-term holders have been on an accumulation spree lately, adding more than 3,800 BTC to their balances on a monthly scale. Traders and analysts are now watching the charts to see where the market heads next. Long-Term Holders Increase Exposure Analyst Ali Martinez reported that wallets holding Bitcoin for extended p…