Bitcoin Enters Re-Accumulation Range After Crash Below $90,000, What To Expect

Bitcoin’s recent price crash has left investors reeling in losses as it dropped below the $90,000 price level. Technical analyst Rekt Capital sees this as a re-accumulation range deviation, hinting at potential market changes in the coming weeks.

The break below $90,000 is seen as a necessary reset for Bitcoin, marking its first time trading below this level since November 2024. This consolidation phase is viewed as a natural part of Bitcoin’s market cycle, with historical trends showing re-accumulation phases before another rally.

The recent break below $90,000 is part of this re-accumulation range phenomenon, with buying pressure from whales and retail investors while the larger market sells. Long-term Bitcoin holders have utilized the recent price crash to accumulate more BTC.

Bitcoin’s future trajectory will depend on how it reacts within this re-accumulation range. Reclaiming $90,000 could confirm the break below was a shakeout before further gains, while an extended decline below $90,000 could be devastating for long-term holders.

At the time of writing, BTC is trading at $88,628 with signs of stabilization after a decline. The cryptocurrency market is closely watching how Bitcoin reacts within this re-accumulation range for potential market changes.