NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

Why Traders Growngly Expect Bitcoin “Reaccumulation” At $15K Before Next Run

Joseph Young
Joseph Young
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The price of Bitcoin (BTC) surpassed $16,000 with strong momentum and has remained above the resistance-turned-support area since the initial breakout. Yet, traders are turning slightly cautious, anticipating a “reaccumulation” trend in the near term.

The term reaccumulation refers to investors gradually rebuying Bitcoin after a massive rally. This allows the dominant cryptocurrency to consolidate, rebuild momentum, and neutralized the overheated market.

There are several reasons to expect a reaccumulation trend or consolidation could occur in the foreseeable future. These factors are historical cycles, greed in the market, and high unrealized profits.

bitcoin price

The 1-hour price chart of Bitcoin. Source: BTCUSD on TradingView.com

Historical Cycles Point Toward Bitcoin Reaccumulation in the $15K Region

Technical analysts, including John Bollinger, have said consolidation in the Bitcoin market is becoming increasingly likely.

Bitcoin recently exceeded the $16,000 resistance level for the first time in nearly three years. This also means that the $16,000 to $17,000 range remains an attractive area for sellers.

Albeit the hourly and daily charts for Bitcoin depict a rather stable upward movement, high time frame charts show a steep climb to the $16,000 level.

Both the weekly and monthly charts of Bitcoin are significantly above short-term moving averages (MAs), such as the 5-day, 10-day, and 20-day MAs. This could indicate that BTC is overbought at higher time frames.

A pseudonymous trader known as “Crypto Capo” said that reaccumulation between $14,500 and $16,000 is likely. “I expect reaccumulation range between 14500-16000,” the trader said.

Extreme Greed in the Bitcoin Market

According to Alternative’s Crypto Fear & Greed Index, the Bitcoin market is exhibiting signs of “extreme greed.”

Out of a scale of 100, with zero signifying fear and 100 showing greed, the Bitcoin market is currently at around 89.

Based on similar on-chain metrics and the historical technical structures of Bitcoin, traders expect volatility between $14,000 and $16,000.

bitcoin price

A potential Bitcoin reaccumulation trend. Source: Edward Morra, XBTUSD on TradingView.com

Traders Are Sitting on Large Unrealized Profits

Atop the technical and fundamental factors, on-chain data shows that traders are generally sitting on large unrealized profits.

The term unrealized profits refer to the gains of traders that are yet to be realized by selling.

When traders begin to sell large unrealized profits, it could cause a profit-taking pullback to occur. Consequently, Bitcoin could start to consolidate, which might lead to reaccumulation.

There is a Variable in the Form of Exchange Reserve

One variable that could prevent a steep drop from occurring in the Bitcoin market is the decline in exchange reserves.

Traders typically deposit BTC into exchanges when they plan to sell their holdings. As such, when reserves decline, it demonstrates an intent to sell BTC from traders, and vice versa.

Vetle Lunde, an analyst at Arcane Research, noted that BTC deposits at major exchanges fell 19% since March. She said:

“The BTC deposits at major exchanges has fallen by more than 560,000 BTC (19%) since March 15th. The aggregated exchange balance has just fallen below 2.4 million BTC for the first time since August 2018.”

Tweet123Share196ShareSend
Joseph Young
Joseph Young

Joseph Young

Joseph is a web developer and designer, writer and a passionate musician who loves to travel often. He's worked as a researcher for a number of venture capital firms and as a freelancer designer for resorts and corporations in Korea and the Philippines.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support?

According to data from Coinglass, the crypto market saw liquidations worth more than $1.6 billion over the past 24 hours,...

Ash Tiwari 3 hours ago
bitcoin-consolidation-zone-revealed-hyper-raises-17-5m-layer2-tw

比特幣價格盤整關鍵區間曝光 HYPER預售狂吸1,750萬美元成Layer 2潛力新星

比特幣正在穿越一條不穩定的技術走廊。115,580美元的當前價格看似堅挺,實則處於多重變數的交界處。技術圖上,一個寬幅上升楔形正壓縮著短期走勢,每一次觸碰116,300美元的50日均線,都像是在撞擊市...

Mark Mak 5 hours ago
Bitcoin Price Dips Again

Bitcoin Price Dips Again – Could This Spark Panic Selling Across Crypto Market?

Bitcoin price extended losses after it traded below $115,000. BTC is now moving lower and might even test the $110,500...

Aayush Jindal 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Price Faces Tough Road

Global M2 Money Supply Says Ethereum Price Will Reach $20,000, Here’s When

Scott Matherson 28 minutes ago
Ethereum, ETH, Crypto

Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate

Rubmar Garcia 1 hour ago
Bitcoin Fear

Bitcoin Fear & Greed Index Signals ‘Fear’ As Price Falls To $112,000

Keshav Verma 2 hours ago

Premium Sponsors

Press Releases

  • 5 mincí, které by v kryptobublině v roce 2025 mohly dosáhnout 10 miliard dolarů

    5 mincí, které by v kryptobublině v roce 2025 mohly...

    13 hours ago
  • 5 érme, amelyek 2025-ben elérhetik a 10 milliárd dollárt a kriptobuborékban

    5 érme, amelyek 2025-ben elérhetik a 10 milliárd...

    14 hours ago
  • 5 monet, które mogą osiągnąć 10 miliardów dolarów w bańce kryptowalutowej w 2025 roku

    5 monet, które mogą osiągnąć 10 miliardów dolarów w...

    14 hours ago
  • 5 монети, които биха могли да...

    14 hours ago
  • Pet kriptovaluta koje u kripto balonu 2025. mogu dosegnuti tržišnu vrijednost od 10 milijardi dolara

    Pet kriptovaluta koje u kripto balonu 2025. mogu dosegnuti...

    16 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.