Here’s why Bitcoin’s accumulation stats suggest $77K may be next

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Here’s why Bitcoin’s accumulation stats suggest $77K may be next
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Soon after the U.S presidential elections, the crypto market turned bullish, allowing Bitcoin [BTC] to hit an all-time high on the charts...

to hit an all-time high on the charts. Now, although the king coin has corrected since, at press time, it was still hovering near that range.

that it achieved a new historic high at $76,849 on 7 November. After touching its ATH, BTC’s price dropped slightly. At the time of writing, it was trading at $76,422.29 with a market capitalization of over $1.5 trillion.revealing an interesting development. According to the same, over 57,800 BTC have gone into accumulation addresses over the last few days. These accumulated BTC were worth more than $4 billion.

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