A new Bitcoin accumulation cycle might be starting Looking at the latest exchange net flow data, there are signs of a decline in the stock of bitcoin:native. Based on trends from the past few years, when there’s a clear, large-scale, and sustained accumulation, it tends to support an increase in Bitcoin’s price. Although this isn’t a 100% accurate indicator—for example, during the fourth marked accumulation phase, Bitcoin’s price actually dropped instead of rising—it’s worth noting that this happened when Bitcoin was already at a high price point. Even then, it still managed a short-term rally and peak, bringing a new all-time high. So, my personal view remains that if a new accumulation cycle is indeed starting, it will likely support Bitcoin’s price increase, or at the very least, keep it fluctuating around the current price range. Personally, I plan to increase my dual-currency investments in this range and raise some of my bottom-buying price points. Might raise it to around $83,000. A shoutout to @Gate, trade more markets here: