Bitcoin' strong accumulation at $81K suggests a local bottom. If it mirrors the 20% rebound from $78K, a rally toward $97K could follow.
The latest Cumulative Volume Delta and 24-hour price change analysis indicate a bullish sentiment in themarket. As a key on-chain metric, CVD tracks the net difference between buying and selling pressure over time.
More significantly, this CVD surge coincided with BTC’s $81K price level, raising speculation that this zone could serve as a local bottom for the next leg of Bitcoin’s upward trajectory.Bitcoin endured a volatile week, plunging to $78K, rallying to $94K, and again retracing to $84K. With the market stillHowever, a key bullish signal emerged as CVD spiked when BTC hit $81K. In the previous cycle, a similar spike at $78K preceded a 20% rally, sending BTC above $96K.
This level holds key significance, with 4.09 million BTC accumulated at an average price, highlighted by the largest red cluster in the chart below.Investor HODLing sentiment faces a key test, as the likelihood of mass liquidations increases once BTC breaches resistance. Outcomes from the summit will determine the next move.
Conversely, intensified profit-taking may lead BTC to retrace to the $78K–$81K range, further affected by macro headwinds.
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