Bitcoin Whales Accumulate as Retail Lags
Bitcoin's current gain has held it over $100,000, indicating investor confidence. BTC is now trading at $103,527, up 4.3% in 24 hours and 33% in a month.
The market is currently 5% behind its January peak, but technical and on-chain signs indicate ongoing accumulation.
The recent rise comes amid economic uncertainty and geopolitical turmoil. Darkfost of CryptoQuant says current market dynamics are similar to those of roughly five years ago, with extreme volatility and competing economic explanations.
Central banks like the Federal Reserve have taken a cautious attitude, but trade deals and budgetary maneuvering have boosted investor interest in risk.