#Bitcoin is currently showing signs of an accumulation phase.
After the recent drop, price action has slowed down and BTC is no longer making aggressive lower lows. Instead, it’s consolidating within a tight range, suggesting that selling pressure is weakening. This kind of sideways movement often signals that strong hands are absorbing supply while weak hands exit the market.
The longer Bitcoin holds this zone without breaking down, the stronger the case becomes for a local bottom formation. Historically, extended consolidation after a decline has acted as a foundation for the next impulsive move.
Volume remains relatively stable, and volatility is compressing — a classic setup that usually precedes expansion. Patience is key here. Accumulation phases reward those who wait for confirmation rather than chasing price.
Keep an eye on range highs for a breakout signal.
#bullish #BinanceSquare $BTC
