Bitcoin is consolidating just below its all-time high near $112,000 amidst shifting global market dynamics, buoyed by the recent Federal court decision striking down US President Donald Trump’s tariffs.
Large holders of 1,000 to 10,000 BTC are steadily accumulating, indicating growing confidence in Bitcoin's value proposition and historically signaling major upward moves.
The accumulation trend coupled with Bitcoin's resilience above key support levels hints at preparation for the next market surge, strengthening its position as a macro hedge and store of value.
On-chain data shows increased positions by large Bitcoin holders, coinciding with Bitcoin holding above major support zones, potentially igniting a new phase of the bullish run if price surpasses the all-time high.