BTC Whale Accumulation Cycle Bottom
Large Bitcoin holders accumulating at current prices signals they view these levels as a buying floor and indicates a cycle bottom is forming before the next rally
Too little corroboration in the last 3 days to call a trend (6 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Crypto chart analyst Ali Martinez noted Bitcoin has flashed a bullish SuperTrend buy signal, a technical indicator that previously preceded a 16% rally from $57,700 to $68,900 after its last trigger on July 3."
"Trader KillaXBT believes Bitcoin has already formed its cycle bottom. He expects a liquidity sweep above the current range highs, followed by a false breakout and a drop below $62,000 to establish a higher low."
"The broader picture is finally turning around because BITCOIN bounced off its lows, ETHEREUM posted its biggest weekly gain in months, and risk appetite across the market is waking up. After months of selling pressure and declining prices, the crypto market is resetting for what many believe could become the strongest second half rally since 2021."
"Sun said the 'liquidation intensity of long-term holders may have begun to peak,' with on-chain realized losses starting to decline. Glassnode cited analyst CryptoVizart's view that bear markets rarely find 'durable footing' until one-to-two-year holders exhaust their selling."
"That divergence between whale buying and ETF selling has appeared near past cycle bottoms, and it points at where the next move begins."
"Long term Bitcoin holders absorbed 125,000 BTC in a single month, the biggest accumulation event of this cycle according to CryptoQuant. Whale wallets now control 35.82% of supply, a concentration not seen in months. Big money sees something forming."