PolicyWatch on Nostr: Bitcoin Accumulation Surges 🚀 Glassnode data reveals a significant surge in ...
Bitcoin Accumulation Surges 🚀
Glassnode data reveals a significant surge in Bitcoin accumulation over the past 30 days, with investors scooping up approximately 88,000 BTC. This is particularly noteworthy as only 13,500 BTC were mined during the same period. The last time we witnessed such intensive accumulation was in Q4 2023, which preceded a significant price surge for Bitcoin. This suggests growing demand and potential bullish momentum in the market.
#Bitcoin #Accumulation #Bullish #Crypto #MarketAnalysis
Glassnode data reveals a significant surge in Bitcoin accumulation over the past 30 days, with investors scooping up approximately 88,000 BTC. This is particularly noteworthy as only 13,500 BTC were mined during the same period. The last time we witnessed such intensive accumulation was in Q4 2023, which preceded a significant price surge for Bitcoin. This suggests growing demand and potential bullish momentum in the market.
#Bitcoin #Accumulation #Bullish #Crypto #MarketAnalysis