$BTC 🤑Currently Forming

Bitcoin Accumulation Phase

According to CryptoQuant analyst, Bitcoin is forming an accumulation period similar to past models that preceded growth, with increased short-term activity from holders, which historically triggered significant price fluctuations.

📈On May 1, BlackRock Spot Bitcoin ETF purchased 3730 BTC for $351.4 million. The total inflow into the ETF amounted to $422 million.

🔽Amazon shares fell by more than 5% following the release of the first quarter 2025 earnings report, which was below expectations.

🍎Apple states that tariffs will cost the company $900 million this quarter. Plus inflation and declining sales.