Bitcoin: 39% CAGR Signals Accumulation Window
Bitcoin at $60,000 delivers 39% CAGR from $16,000 bear lows as supply in loss hits records, with 4h chart showing EMA support at $64004.88.
SourceAnalysis
Bitcoin accumulation emerges as the dominant theme while markets sit in a ghost town, with BTC trading near $60,000 versus the prior bear market floor of $16,000 and delivering a 39% Bitcoin bear market cycle lows historical CAGR that rewards holders.
Bitcoin supply in loss metric historical peaks reached all-time highs, underscoring pain that has historically preceded strong rebounds. On the 4h chart BTC holds at $64503.99 above the EMA50 support at $64004.88 and EMA200 at $63650.7 in a bullish structure, MACD golden cross at 295.19 driving momentum while neutral RSI at 56.81 keeps price inside the Bollinger bands with room to test upper resistance at $65169.98 before any retracement to lower support near $63064.75.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast