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Showing posts from March, 2026

Bitcoin Buying Just Ramped Up Into The Billions Again, Is It Time To Get Back In?

Recent on-chain data shows a significant increase in Bitcoin flowing into certain wallets, suggesting renewed accumulation. Despite experiencing months of bearish pressure and major sell-offs , some investors appear to be using the ongoing market downturn as an opportunity to strengthen their positions. With the recent accumulation ramp-up, the question remains whether now may be the time to get back into the market .  Bitcoin Accumulation Rise Amidst Price Downturn The Bitcoin price has been grinding lower in recent trading sessions, slipping below $64,000 . The world’s largest cryptocurrency has failed to hold multiple support levels, with each leg down further suppressing any meaningful upside momentum .   Related Reading: Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000 Yet beneath the surface of this declining price and market sell-offs, certain holders are quietly accumulating BTC. On-chain data from Glassnode reveals ...

Bitcoin At A Crossroads: $60,000 Fortress Vs. $70,000 Ceiling

Bitcoin has experienced another net loss over the past week, with the premier cryptocurrency struggling to reclaim key technical levels. Meanwhile, a recent market evaluation shows that while price action is volatile, it is largely range-trapped between $60,000 to $70,000. Bitcoin’s $60,000 Shield: Long-Term Holders Refuse To Fold In a recent QuickTake report , a pseudonymous analyst with the username GugaOnChain analyzed Bitcoin’s current market structure, describing a battle between long-term conviction and short-term pressure.  According to data from the on-chain platform, Bitcoin remains in a mature bear market, consistent with projections made in December 2025. Analyst GugaOnChain noted that at the $60,000 support level, long-term holders are described as the primary defensive force. In particular,  the 12 -18-month UTXO cohort has grown from 9.67% to 11.09%, indicating that more Bitcoin is aging into long-term storage.  This suggests strengthening conviction am...