Bitcoin enters Livermore’s Accumulation Cylinder, breaking past $125,700 as traders and institutions position themselves for what could become a historic multi-year rally.
This surge reflects a combination of post-halving momentum, rising U.S. equities, and strong Bitcoin ETF inflows. Analysts suggest that the accumulation phase may pave the way toward a $250,000 target.
Livermore’s Accumulation Cylinder and Bitcoin’s Road Ahead
A recent post by Poseidon (@CryptoPoseidonn) on X overlaid Jesse Livermore’s 1940s speculative patterns onto Bitcoin’s price action since 2022. The chart highlights what Livermore called an “accumulation cylinder”—a phase where smart money gradually accumulates assets at relatively stable prices before a significant markup.
Bitcoin charts a smooth climb from $120K toward a $250K target, signaling a potential long-term rally. Source: @CryptoPoseidonn via X
According to Livermore, this phase is all about volume-based accumulation, where patient investors quietly buy while most market participants remain inactive. Historically, BTC cycles have mirrored this pattern, with similar accumulation phases preceding explosive price growth.
“Bitcoin’s current trajectory mirrors Livermore’s framework. The easy road goes from $120K to $250K,” the tweet noted, which aligns with the cryptocurrency’s recent post-halving momentum.
Accumulation Trend Hits 0.74
Supporting this bullish narrative, Glassnode’s Accumulation Trend Score for Bitcoin recently hit 0.74. This metric measures on-chain buying activity by large holders. Scores above 0.5 typically indicate accumulation phases, and a reading of 0.74 signals strong buying pressure from institutional players and whales.
Bitcoin accumulation trend score hits 0.74, indicating major holders and institutional investors are actively accumulating BTC. Source: @ali_charts via X
Historically, accumulation scores at this level have preceded major rallies, including Bitcoin’s 2021 peak. Analysts suggest that such sustained accumulation tends to reduce distribution risk and sets the stage for a longer-term upward trend.
Institutional ETFs Fuel Bitcoin’s Momentum
Another key factor driving Bitcoin’s rise is the influx of institutional capital via Bitcoin ETFs. According to reports, U.S. spot Bitcoin ETFs have seen over $50 billion in inflows in 2025, reflecting growing confidence from both professional and retail investors.
ETFs like BlackRock’s iShares Bitcoin Trust (IBIT) allow investors to gain Bitcoin exposure without holding the underlying asset, creating additional demand as ETF managers purchase BTC to match inflows. This institutional participation is seen as a major catalyst for Bitcoin’s price stability and growth.
Market Capitalization and Wider Implications
Bitcoin’s market capitalization is approaching $2.5 trillion, a level that puts it ahead of several major corporations. While still far from gold’s $26 trillion market cap, BTC is increasingly being viewed as a mainstream financial asset rather than a niche cryptocurrency.
Analysts note that this market positioning, combined with sustained accumulation and ETF inflows, could make the path to $250,000 realistic by 2026, barring unexpected macroeconomic shocks.
Looking Ahead: Patience and Strategic Holding
While Bitcoin’s volatility remains, data indicates a strong bullish setup. Traders are advised to remain patient, focusing on accumulation trends and institutional support rather than short-term price swings.
Bitcoin (BTC) was trading at around $123,038, up 1.08% in the last 24 hours at press time. Source: Bitcoin Price via Brave New Coin
In short, Bitcoin is showing all the signs of a Livermore-style markup phase, with historical parallels, strong on-chain data, and institutional backing pointing toward a possible $250K target.