3 Signals Suggest Bitcoin May Be Entering an Accumulation Zone
Summary
Bitcoin is showing signs of entering an accumulation zone according to three key on-chain indicators. Data from CryptoQuant reveals that low active address momentum suggests short-term "tourist" investors have exited, leaving behind long-term holders. Additionally, market data from Rand Group indicates that historical patterns where a large percentage of capital is underwater often signal prime entry points. Finally, the Tactical Bull-Bear Sentiment Index has reached extreme bearish levels, which experts interpret as late-stage fear where smart money begins absorbing supply.
(Source:BeInCrypto)