Ah, the world of Bitcoin-where fortunes are made, lost, and then made again. And the market? Well, it’s doing its usual cha-cha, in a very “who-knows-where-it’s-going” manner. Let’s dig into it, shall we?
Markets 
have been a bit like a soap opera lately. Wallet cohorts ranging from the modest one-bitcoiners to the “Oh, I have a yacht full of BTC” whales, all took a sudden leap into net selling after last week’s brief rally. What’s next? Who knows! Perhaps they’ll start singing and dancing. It’s that kind of market.
What to Know:
- Wallet cohorts from under 1 BTC to over 10,000 BTC flipped back to net selling after last week’s little rally. No love lost there, it seems.
- Asia-bless its economic heart-has been pushing Bitcoin up around 10% in recent months. Europe? Well, let’s just say it’s not helping. In fact, Europe has been busy pulling it down by more than 10%-the audacity!
According to Glassnode’s analysis, it seems like every cohort is in “distribution mode” now, which sounds a lot like a party where everyone leaves just when things start to get interesting. You know, the kind of thing where everyone pretends they weren’t having fun, but secretly, they were.
The “Accumulation Trend Score” is the method behind the madness. This metric helps us track the moves of wallets based on their size and the amount of Bitcoin they’ve collected in the last 15 days. It’s kind of like following the breadcrumbs of a trail… but these breadcrumbs are worth a lot of money.
- A score near 1? That’s a sign they’re hoarding the Bitcoin like it’s the last slice of pizza at a party.
- A score closer to 0? Well, that’s them giving it away like it’s a charity drive.
And it turns out that, at the moment, all wallet cohorts-from those holding less than 1 BTC to those hoarding over 10,000 BTC-are back to net selling. It’s a classic case of “flip-flopping”-sort of like an indecisive breakfast choice between eggs or pancakes. One moment, they’re buying, the next, they’re selling.
Bitcoin recently hovered around $117,000 after Asia worked its magic and nudged it up from $115,000 over the weekend. Over the past three months, Asia has been the hero of the Bitcoin saga, pushing it up by a solid 10%. Europe, on the other hand, has been the villain-pulling it down by more than 10% in the same period. Oh, Europe. You cheeky little rascal.
In general, the market is in “consolidation mode”-yes, that’s right, it’s just chilling. No major drama expected, so you can keep your popcorn in the cupboard. The bottom? Oh, it’s probably somewhere around $107,000, give or take, though this could change faster than a toddler’s mood.
As for September? Well, expect more of the same. Keep your eyes on the charts, because in the world of Bitcoin, anything can happen… except maybe a rational explanation.
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2025-09-15 13:45