Analyst Exposes Bitcoin Market Maker Buy Strategy, Shows What Happens When Accumulation Ends
A crypto analyst, Merlijn The Trader, has presented a market structure model suggesting Bitcoin is following an institutional trading cycle. The model outlines four key phases: a "Distribution" phase where large holders sold BTC near highs, a sharp "Flush" that dropped prices 38% to eliminate weak traders, the current "Accumulation" phase where institutions are buying in a tight range between $60k-$77k, and a future "Re-accumulation" period. The analyst projects that once accumulation ends, Bitcoin could break out to new all-time highs, with a potential target above $142,000 by early 2027. Holding above the $70,000 resistance level is critical for this bullish scenario to remain valid.
bitcoinist04/18 03:01
