The post Bitcoin Accumulation Trends Suggest Possible Bullish Momentum Despite Price Correction and Double-Top Concerns appeared on BitcoinEthereumNews.com.

Bitcoin’s recent market behavior reveals a strong accumulation phase despite price corrections, signaling sustained investor confidence in the cryptocurrency’s bullish potential. Long-term holders are increasing their Bitcoin positions while short-term holders reduce selling pressure, supported by persistent negative exchange flows. According to COINOTAG insights, the decline in short-term holder profits and steady net outflows from exchanges underscore a robust foundation for Bitcoin’s upward momentum. Bitcoin accumulation continues amid price corrections, driven by long-term holders and negative exchange flows, indicating strong bullish sentiment for BTC’s future. Bitcoin Accumulation Strengthens Despite Market Correction Bitcoin’s price recently experienced a correction from the $111,000 level, raising concerns about a potential double-top formation reminiscent of 2021’s cycle peak. However, on-chain data reveals a contrasting narrative. Investor behavior indicates sustained accumulation, particularly among long-term holders who are increasing their BTC positions. This trend is supported by a continuous negative net exchange flow, with over 3,600 BTC leaving exchanges daily since March. Such outflows typically suggest that investors prefer to hold their assets off exchanges, reducing the likelihood of immediate selling pressure and signaling confidence in future price appreciation. Source: Axel Adler Jr on X Short-Term Holder Profit-Taking Declines Signaling Market Stability Further reinforcing the bullish outlook, short-term holders (STHs) have significantly reduced their profit-taking activities. The Short-Term Holder Profit to Exchanges metric shows a sharp decline in BTC profits flowing to exchanges over recent weeks. When Bitcoin first neared $111,000, profit flows peaked at 49.5k BTC, but by early June, these spikes diminished to just 3.4k BTC. This reduction suggests that STH sellers are becoming exhausted, which typically precedes a period of price consolidation or upward momentum as selling pressure eases. Source: Adler Insights Long-Term Holders Drive Bitcoin’s Positive Momentum Long-term holders (LTHs) have emerged as key drivers of Bitcoin’s current accumulation phase. Since April, the…

---

Filed under: News - @ June 4, 2025 8:24 am