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Bitcoin Cointelegraph

Bitcoin clears $120K as onchain data points to a new BTC accumulation phase

Bitcoin cleared the $120,000 level for the first time since August as long-term selling cooled and short-term holders stabilized, hinting at a fresh accumulation phase.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin clears $120K as onchain data points to a new BTC accumulation phase

Bitcoin cleared the $120,000 level for the first time since August as long-term selling cooled and short-term holders stabilized, hinting at a fresh accumulation phase.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

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