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Crypto

Bitcoin Bulls Eye $100K as Large Holders Accumulate

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BTC
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Bitcoin's price has been consolidating after its recent breakout above $81,500, but larger holders are accumulating while smaller wallets are distributing.

The MVRV pricing band of $73,880 is a key level for bulls to defend, and if Bitcoin holds this support, the next major upside target could be $100,000.

Accumulation data reveals a sharp split in holder behavior, with larger wallet groups showing stronger accumulation during the advance.

The -0.5 MVRV pricing band is positioned at $73,880, and if Bitcoin holds above this zone, it would suggest that the recent pullback remains a consolidation within the larger uptrend.

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