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Bitcoin has reclaimed the $108K mark as significant wallet cohorts re-accumulate, signaling a potential bullish breakout amid persistent price consolidation below $113K.
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Mid-size wallets holding between 100 and 1,000 BTC are actively accumulating, echoing patterns observed prior to Bitcoin’s previous major rallies.
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According to COINOTAG, “The current accumulation phase mirrors the structural setup before Bitcoin’s $65K-to-$108K surge, highlighting renewed institutional interest.”
Bitcoin reclaims $108K with renewed accumulation from key wallets, repeating historic breakout patterns and consolidating below $113K, signaling bullish momentum.
Key Wallet Accumulation Signals Strength Below $110K Resistance
Bitcoin’s recent price action demonstrates a strong recovery as it holds above the critical $108,000 level on major exchanges such as Coinbase and Bitstamp. This rebound follows a decisive breakout from a multi-week downtrend, confirming renewed bullish momentum. Notably, Bitcoin is now challenging a long-standing resistance trendline established since April 2025, which has historically capped upward price movements.
Data reveals that wallets holding between 100 and 1,000 BTC have resumed accumulation, a behavior consistent with the pre-breakout phase observed between September 2024 and April 2025. During that period, these mid-size holders amassed significant Bitcoin quantities while prices oscillated between $55,000 and $65,000. The current wave of accumulation, concentrated just below $110,000 resistance, suggests strategic positioning ahead of a potential upward move.
Moreover, larger wallets containing between 10,000 and 100,000 BTC have re-entered the market for the first time since March 2025. This re-engagement by substantial holders indicates a possible shift in macro-level sentiment. Importantly, Bitcoin’s trading volume remains stable, reflecting accumulation driven by strategic investors rather than speculative frenzy. This quiet buildup often precedes robust price appreciation, reinforcing the bullish outlook.
Historic Breakout Patterns Resurface Amid Global Market Uncertainty
Bitcoin’s current price structure closely resembles the breakout pattern witnessed during the 2024 Yen carry trade unwind, which propelled the cryptocurrency from $65,000 to above $108,000. The repetition of this formation in 2025, now influenced by heightened geopolitical tensions, underscores Bitcoin’s resilience as a risk asset during periods of global uncertainty.
Technical analysis of weekly and daily charts reveals symmetrical rejection and breakout patterns, reinforcing the strength of this setup. Critical support levels at $29,000, $41,000, and $65,000 remain intact, providing a solid foundation for further gains. Bitcoin is presently consolidating within a wedge pattern below $113,000, maintaining respect for the upper consolidation band above $60,000.
These price zones have attracted consistent inflows from strategic buyers, distinguishing the current phase from retail-driven rallies. The clean breach of the red resistance line signals a return of bullish control. Additionally, wallet cohort rotation shows smaller holders maintaining neutrality, while mid-to-large holders increase their positions with conviction. This behavior aligns with historical pre-rally dynamics, adding technical credibility to the ongoing breakout setup.
As Bitcoin compresses below $113,000 with growing demand underneath, the market appears poised for a significant upward leg. The coordinated re-accumulation by wallets ranging from 100 to 100,000 BTC highlights a concerted effort by key market participants to position for future gains.
Conclusion
Bitcoin’s firm hold above $108,000, combined with renewed accumulation from mid-to-large wallets and the repetition of historic breakout patterns, suggests a strengthening bullish trend. The current consolidation below $113,000 forms a familiar setup that has historically preceded substantial rallies. Market participants should monitor these key wallet cohorts and resistance levels closely, as their activity provides valuable insights into Bitcoin’s potential trajectory. While maintaining a cautious stance, investors can consider this phase as a strategic accumulation opportunity ahead of possible upside movements.
