Bitcoin’s Accumulation Trend Score Signals Prolonged Distribution Phase

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Bitcoin’s (BTC) market has been ruled by a long distribution phase, with the cryptocurrency’s Accumulation Trend Score staying under 0.5 for 58 consecutive days. This distribution has lasted long enough to start raising questions about what the big players in the Bitcoin market are up to, with the latest data indicating that they’re still mostly heading in the direction of offloading, and that Bitcoin is a still seemingly entrenched in a relatively actuarial phase of distribution when compared with the overall phase of the market. The Accumulation Trend Score that follows the market’s buying and selling behavior tells us whether

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