Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Major Crisis in Trump Memecoin Comes to an End – Eric Trump Announces Good News

June 7, 2025

Bitcoin at Crossroads Amid Increased Selling Pressure, Warns Analytics Platform Glassnode – Here’s the Firm’s Outlook

June 7, 2025

MEET48 Launches IDOL Airdrop on June 9 Ahead of TGE, Leading Web3 Entertainment

June 7, 2025

Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level

June 7, 2025

Lagrange rockets, then reenters reality as hype fizzles

June 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level

    June 7, 2025

    Why Bitcoin Dominance Must Fall To 62%

    June 7, 2025

    Investors Remain Cautiously Optimistic as Market Sees Volatility Toward The Weekend: Report

    June 7, 2025

    Best Altcoins to Buy as Trump Urges Fed to Cut Interest Rates in Favor of Crypto

    June 7, 2025

    AB Launches on Binance

    June 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Crypto News » Bitcoin (BTC) Bulls Await Halving: Accumulation Phase Signals Investor Confidence
Crypto News

Bitcoin (BTC) Bulls Await Halving: Accumulation Phase Signals Investor Confidence

Crypto Observer StaffBy Crypto Observer StaffApril 17, 2024No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency market endured massive volatility this week. Amidst geopolitical instability, this price action triggered billions in liquidation and left many wondering if Bitcoin could be used as a hedge against chaos. However, certain cohorts of Bitcoin holders remained unfazed.

This is evident by the fact that Bitcoin appears to be entering an accumulation phase as withdrawals from exchanges surged to levels not seen since January 2023.

Bitcoin Investors Prepare for Surge

The ongoing accumulation of BTC suggested a significant uptick in investor activity, coinciding with a recent cooldown in the market following a 10% price drop last week. The emergence of such a trend also points to the possibility of price hikes in the near future.

With the highly anticipated halving scheduled for April 20, CryptoQuant analysts speculate that the increased withdrawals may be indicative of preemptive steps taken by investors seeking to capitalize on potential gains.

In the meantime, a decrease in open interest on derivatives exchanges signified a shift away from leveraged trading, potentially fostering market stabilization.

Another analysis of the Short-Term Holder Spent Output Profit Ratio (STH SOPR) support zone highlighted a promising buying opportunity, as historically, such conditions precede upward price movements, indicating the potential for Bitcoin’s value to surge soon.

Markets Defy Crowd Expectations After Panic Selling

Santiment’s analysis reveals a prevailing negative sentiment among traders following Bitcoin’s descent to $61.5K and Ethereum’s drop to $2,890 over the weekend. The ratio of bullish to bearish comments regarding both cryptocurrencies reflects this downturn, indicating a surge in fear, uncertainty, and doubt (FUD) among investors.

Interestingly, despite initial panic selling, markets are now rebounding in a direction contrary to the crowd’s expectations.

The crypto analytic firm also suggests that this trend of market sentiment going against the crowd’s anticipation may continue until the fervor and hype surrounding the upcoming halving event start to dominate social media conversations once again, similar to the buzz observed one to two weeks prior.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level

June 7, 2025

Why Bitcoin Dominance Must Fall To 62%

June 7, 2025

Investors Remain Cautiously Optimistic as Market Sees Volatility Toward The Weekend: Report

June 7, 2025

Best Altcoins to Buy as Trump Urges Fed to Cut Interest Rates in Favor of Crypto

June 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Major Crisis in Trump Memecoin Comes to an End – Eric Trump Announces Good News

June 7, 2025

Bitcoin at Crossroads Amid Increased Selling Pressure, Warns Analytics Platform Glassnode – Here’s the Firm’s Outlook

June 7, 2025

MEET48 Launches IDOL Airdrop on June 9 Ahead of TGE, Leading Web3 Entertainment

June 7, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Why Bitcoin Dominance Must Fall To 62%

June 7, 2025

Investors Remain Cautiously Optimistic as Market Sees Volatility Toward The Weekend: Report

June 7, 2025

Best Altcoins to Buy as Trump Urges Fed to Cut Interest Rates in Favor of Crypto

June 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.