BTC #bitcoin
If Accumulation is Rising, Why is BTC Still Falling?
While accumulation is slowly returning and distribution by weak hands has eased, it's not yet strong enough to overpower the ongoing profit-taking pressure from long-term holders.
These older holders, sitting on significant gains, are realizing profits, creating a supply overhang that caps upward momentum — at least for now.
Until demand from new buyers or conviction accumulators significantly outweighs this sell-side pressure, Bitcoin may remain under short-term bearish pressure despite underlying bullish signals.