Bitcoin accumulation is surging, with key metrics pointing to $130,900 as the first level for serious profit-taking. Market momentum and capital inflows support continued upside.
Bitcoin Accumulation Surge Points to $130K as Next Profit-Taking Zone
Bitcoin continues to gain upward momentum, trading at $116,717 at the time of writing, following a breakout to an all-time high of $113,800 on Thursday. Onchain data suggests the rally could extend toward $130,900 before any meaningful profit-taking emerges, as demand from long-term holders intensifies.
Accumulator Addresses Drive BTC Demand
According to CryptoQuant, Bitcoin “accumulator” wallets—those known for long-term holdings and minimal selling—now hold 248,000 BTC, marking a 71% increase over the past 30 days. This is the highest level of accumulation since December 2024, when BTC was trading at $97,000 and accumulators peaked at 278,000 BTC.
“The surge in demand at higher price levels signals unwavering conviction among investors,” analysts said, pointing to a renewed accumulation phase even after BTC’s breakout.
This trend suggests that the rally is not just speculative but is supported by concrete capital flows into Bitcoin spot holdings.
Real Capital Inflows Confirm Market Strength
Supporting this view is a $4.4 billion increase in Bitcoin’s realized cap, which only rises when coins are moved at higher prices. The sharp increase following BTC’s breakout above $113,000 highlights real investment activity, not just price speculation.
MVRV Metric Flags $130,900 as First Major Profit Zone
Analyst Axel Adler Jr. pointed to the Market Value to Realized Value (MVRV) ratio, which currently sits below the key 2.75 level that has historically marked the start of broader distribution phases. Based on current market cap and cost basis data, the 2.75 threshold corresponds to a Bitcoin price of $130,900.
“That’s the level where we historically begin to see meaningful profit-taking,” Adler said, adding that the rally could continue until that point is reached.
Momentum Building Toward $150K?
Some market participants are even more bullish. Milk Road co-founder Kyle Reidhead reiterated a $150,000 target, citing a long-term cup-and-handle breakout. “See you at $150K,” he posted after BTC crossed $112,000.
Key Support and Resistance Levels
Support: $113,000 → $110,500 → $106,774 (50-day SMA)
Resistance: $116,700 → $120,000 → $130,900 (MVRV zone) → $150,000 (pattern target)
As Bitcoin enters a new price discovery phase, strong onchain accumulation and rising realized capital indicate that the market may still be far from overheated. With the next key resistance band near $130,900, analysts expect upward momentum to continue—provided macro conditions and investor sentiment remain supportive, according to Cointelegraph.
