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Bitcoin: Can $7.2B in Fresh Demand Fuel BTC’s Next Breakout?
Bitcoin’s bulls are stepping into the market again. Bitcoin [BTC] has spent most of December consolidating. After the daily close at $91,277 on the …
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Bitcoin Sees $7.2B in New Demand as Accumulation Builds
Bitcoin has spent most of December trading within a narrow range, signaling a period of consolidation rather than directional momentum. After closing at $91,277 on December 2, BTC has continued to move sideways, reflecting a balance between buyers and sellers. This range-bound behavior coincides with a noticeable return of accumulation. On-chain data suggests that long-term oriented investors are increasing exposure, raising questions about whet…
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