Key Insights:
- Bitcoin price traded near $123,989, down 0.83% on the day but up 11% this week.
- Glassnode’s accumulation trend score hit 0.74, signaling sustained whale buying.
- Analysts compared the current structure to Livermore’s “accumulation cylinder,” targeting $250K.
Bitcoin price traded around $123,989 at the time of writing, slipping 0.83% in the past 24 hours. However, the weekly BTC price chart shows a surge of 11% and almost 12% during the past month.
Analysts said the move placed the largest crypto by market cap within a phase resembling Jesse Livermore’s “accumulation cylinder,” a pattern historically linked to long-term rallies.
Livermore’s Model and Bitcoin Price Structure
Market analyst Poseidon shared a chart on X aligning BTC’s multi-year behavior with Livermore’s 1940s accumulation framework.
The model described a quiet stage when “smart money” gradually builds exposure while volatility remains low.
The analyst noted that Bitcoin price had displayed similar setups during earlier halving cycles, each followed by steep advances.
The chart indicated that BTC’s recent breakout could represent the early segment of Livermore’s markup phase, where the price accelerates as late participants re-enter.
Poseidon wrote that “the easy road” spanned roughly from $120,000 to $250,000, suggesting a potential price range if the pattern held.
While the comparison remained speculative, it provided historical context for Bitcoin’s current consolidation range.
Meanwhile, the expert viewed the correlation as symbolic of a market shifting from distribution to accumulation.
He noted that consistent whale inflows and stable exchange balances had characterized prior bull-cycle foundations.
The Livermore reference, many analysts noted, highlights that major expansions often began when sentiment was neutral rather than euphoric.
BTC Accumulation Trend Supports Institutional Buying
On-chain metrics confirmed an increasing concentration of BTC among large holders. Data provider Glassnode reported that Bitcoin Accumulation Trend Score reached 0.74 at the time of writing.
The metric ranged between 0 and 1 and measured whether major entities were adding to or trimming positions.
Values above 0.5 signaled accumulation, while levels above 0.7 typically indicated strong institutional or whale participation.
Analysts recalled that similar readings appeared before the 2021 Bitcoin price rally to record highs.
A score near 0.74 suggested a broad base of holders continued to withdraw supply from exchanges, limiting sell-side pressure.
Analysts said this behavior reduced distribution risk and often preceded durable uptrends lasting months or years.
Market strategists added that accumulation phases historically compressed volatility, creating conditions for sharp repricing once demand outpaced available supply.
They said this cycle’s buying pattern aligned with that precedent.
BTC ETF Inflow Strengthens Bitcoin Price Resilience
Institutional interest through spot Bitcoin exchange-traded funds remained a key driver. Reports showed that US-listed Bitcoin ETFs attracted more than $50 Billion in cumulative inflows in 2025.
Analysts said this reflected growing comfort among professional investors with regulated digital-asset exposure.
Products such as BlackRock’s iShares Bitcoin Trust (IBIT) enabled investors to gain Bitcoin exposure through brokerage accounts. Fund managers had to purchase actual BTC to match inflows, effectively removing tokens from circulation.
Analysts viewed this structural demand as a stabilizing factor for the BTC price. Each inflow wave tightened supply, reducing volatility while increasing the base of long-term holders.
This dynamic, they said, differentiated the current cycle from earlier speculative rallies dominated by retail leverage.
The scale of Bitcoin ETF accumulation also positioned Bitcoin as part of broader capital-market portfolios.
Institutions using ETFs tended to maintain multi-year horizons, reinforcing the asset’s emerging status as a macro investment instrument.
What Lies Ahead for BTC Price?
At press time, the market capitalization of BTC was near $2.5 Trillion, placing it among the world’s largest financial assets.
Although still below gold’s estimated $26 Trillion valuation, analysts said the gap underscored Bitcoin’s progress toward mainstream financial acceptance.
They noted that the combination of steady ETF inflows and whale accumulation could sustain demand even amid macroeconomic uncertainty. In other words, the market pundits are anticipating a continuing Bitcoin price rally ahead.
The market increasingly treated BTC as a limited-supply asset with global liquidity rather than a niche token.
If current conditions persisted, analysts said BTC price could realistically approach the $250,000 region within the next 18 to 24 months.
They cautioned that the trajectory depended on continued institutional participation and benign macro policy, but said the structural signals remained positive.
Long-term observers framed this stage as a potential foundation for Bitcoin’s next multi-year cycle.
The alignment of on-chain accumulation, ETF inflows, and historical cycle analysis suggested that the market was transitioning from consolidation toward expansion.
While external shocks could alter timing, the underlying supply dynamics appeared consistent with prior bull-market setups.
Analysts said that the resilience of Bitcoin price in this range might determine how far the next phase of the rally extends.