Glassnode: BTC Accumulation Trend Scores Rise Post-Dip
Glassnode reports BTC Accumulation Trend Scores climbing across wallet cohorts after the drop toward $60K, signaling fresh buyer absorption at current levels near $66193.
SourceAnalysis
Glassnode data shows the recent BTC pullback has triggered renewed accumulation, with Accumulation Trend Scores rising across multiple wallet cohorts as investors absorb supply following the move toward $60K support levels.
Bitcoin functions as a peer-to-peer digital payment network without central banks, and its BTC price history around $60K support levels has repeatedly drawn institutional flows over the past year. BTC price prediction models now incorporate the Bitcoin Accumulation Trend Score Glassnode methodology to gauge conviction. On the 4h chart, price at $66193.33 tests the upper Bollinger Band resistance at $66350.41 while the MACD holds a bullish golden cross at 736.5; with RSI at 68.57 remaining neutral, a measured retracement toward the EMA50 support at $64249.67 offers the next high-probability entry before continuation toward the EMA200 at $69649.65.
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