| Mobile Web

Bitcoin bottom call resurfaces as whales and retail investors step up accumulation

Bitcoin posted its lowest-ever relative strength index readings on daily and two-week measures, while accumulation by whales and retail investors continued, the report said. Some analysts viewed the signal as a long-term buying opportunity but left open the possibility of a drop below $60,000. On-chain data showed wallets holding 1,000 to 10,000 bitcoin added the most, while holdings above 10,000 declined. Fair value gap and CVDD metrics pointed to potential support zones.