Bitcoin Accumulation Expands, Dip Purchases Increase

New Accumulation in Bitcoin

Bitcoin accumulation is expanding for the first time since November among different groups. As Bitcoin prices approach $60,000, investors have taken action to capitalize on buying opportunities.

Bottom Fishing Increases

In particular, wallets holding 10 to 100 Bitcoin have been among the most aggressive buyers during price dips. These wallet holders quickly jumped into the market while prices were declining, aiming to mitigate the effects of the downturn.