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B3bit

07/06 16:38

Bitcoin finally breaks accumulation silence: Is th

Bitcoin finally breaks accumulation silence: Is this BTC's quietest breakout yet?Samyukhtha-9-1000x600.webp

  • Bitcoin whales resume accumulation after nearly a year, while SOPR shows rising profitability without euphoria.
  • BTC consolidation suggests a pause, not a pullback, making way for a potential breakout.

After weeks of sideways movement and cooling momentum, Bitcoin [BTC] appeared to be gearing up for its next major move.

On-chain data revealed a resurgence in whale accumulation, while a rare uptick in the spent output profit ratio has started discussions about a possible breakout.

As Bitcoin explores uncharted territory, is this the beginning of the next leg in the bull cycle — or just another head fake?

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