Current BTC Setup – Early 2026 Bullish Accumulation Phase**
Bitcoin dipped hard to ~$60K–$65K in the recent correction but is now showing signs of reversal. Key setup:
- **Whale Accumulation**: Large holders (wallets ≥1,000 BTC) are stacking tens of thousands of BTC off exchanges → strong outflow signal tightening supply.
- **Price Action**: Rebound from low $60Ks toward $76K–$85K range; holding above major support ~$75K–$77K.
- **On-Chain**: Accumulation trend flipping bullish; exchange whale outflows spiking (classic bottom signal).
- **Technical**: Potential higher low forming after capitulation wick; RSI recovering from oversold, volume picking up on bounces.
- **Bias**: Bullish – whales buying the fear sets up for potential breakout if $85K+ clears.
Watch for breakout above recent highs or failure below $75K. High volatility expected.