Cryptocurrency
How Bitcoin’s record accumulation could fuel a BTC price surge – Crypto News
Key takeaways
Bitcoin’s network activity and profitability are rising, with profit-taking pressure from short-term traders. However, strong accumulation by whales and long-term holders showing confidence could support further upside if momentum holds.
Bitcoin’s [BTC] network is buzzing again.
An uptick in recent data has made it tempting for traders to lock in gains. But what you may not be seeing, is that LTHs are doubling down, with accumulation hitting record highs thanks to big buyers.
Looks like BTC’s long-term value remains strong, even as short-term traders eye profits.
Profit taking risk rises as BTC heats up
Whales double down as Bitcoin accumulation sets new record
BTC price holds steady after sharp recovery
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