Bitcoin Price Stalls Below $80,000 as Accumulation Hits Limbo

Key Insights:

• Bitcoin price remained below $80,000 as the DTMM reading stayed between the accumulation and expansion zones.
• Nearly $1 billion in realized profits was recorded over seven days, with Short Term Holders leading the profit-taking.
• BTC CVD data showed continued retail selling while whales increased their net buying.

Bitcoin price remained below $80,000, with on-chain data indicating a market caught between accumulation and expansion. The DTMM indicator stood at 2.03, while rising realized profits and retail selling added pressure. Meanwhile, whale demand helped keep the market steady for now as traders wait for a shift in BTC price.

Institutional Capital and the Accumulation Limbo

Bitcoin price traded at $78,419 when the Delta Thermo Market Multiple stood at 2.03, placing the market between its Accumulation Zone at 1.5x and Expansion Zone at 2.5x. According to CryptoQuant, the reading pointed to a market that had not entered a strong expansion phase but had also moved beyond the level associated with deeper accumulation.

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