#BTCBreaksATH $BTC

Bitcoin surpassed $113,800 driven by a 71% increase in accumulation addresses.

The MVRV indicator suggests a potential rise to $130,900 before major profit-taking.

A $4.4 billion increase in realized capitalization confirms fundamental interest from investors.

Bitcoin continues to surprise. While many expected it to be exhausted after a dazzling bullish cycle, the king of cryptocurrencies gets a new breath. Last Thursday, BTC surpassed the symbolic barrier of $116,000, driven by a phenomenon that can no longer be ignored: the explosion of accumulation addresses.

These wallets, often associated with strong hands, institutions, whales, or even states, have seen their stock increase by 71% in just a month. A statistic that doesn't lie: more than 248,000 BTC were stored, compared to only 148,000 a month earlier.

This buying frenzy goes beyond simple enthusiasm. It reflects a renewed sense of confidence in Bitcoin, even at historically high price levels. A noteworthy fact: this increase in accumulation occurs at a time when BTC has already appreciated significantly, underscoring a long-term conviction, far from opportunistic short-term movements.

Here we observe a recovery of the fundamentals: an organic and persistent demand, the very foundation of a healthy bull market.

And it is not an isolated phenomenon. On-chain data confirms a transition of power from weak hands to more strategic buyers. These long-term investors see every pullback as an opportunity. Selling pressure decreases, while the appeal of BTC as a store of value or digital gold rises again.