Bitcoin price analysis: BTC is seeing accumulation across all cohorts, according to Glassnode

Following a sharp plunge from around $80,000 to $60,000 in early February, Bitcoin is now showing a broad shift toward accumulation across nearly all investor cohorts, according to Glassnode data. This change follows one of the most severe capitulation events in Bitcoin's history, evolving into a synchronized accumulation phase. Glassnode's Accumulation Trend Score by cohort has climbed to 0.68, indicating accumulation for the first time since late November. Wallets holding between 10 and 100 BTC have shown the most aggressive dip buying as prices neared $60,000. While the ultimate market bottom remains uncertain, investors are clearly finding value in BTC after a drawdown exceeding 50% from its October all-time high.

(Source：CoinDesk)