If you look at the yellow rectangle, this is the area where strong accumulation occurred in early 2024, during the launch of the Spot Bitcoin ETFs, including BlackRockâs ETF.
This zone represents a major institutional accumulation area.
On February 6, 2026, price returned precisely into a Daily Order Block, and buyers are already reacting.
These zones are often defended by institutional players, as they represent their initial positioning.
As long as this zone holds, the most logical scenario is a reaccumulation phase, before a potential bullish continuation.
đŻ Long-term target: $126,000
The objective of institutions is simple: accumulate at lower prices before the next expansion.
Do you think Bitcoin is currently in an accumulation phase? đ
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