Bitcoin is officially back in the accumulation phase, the latest data shows, as analysts eye an imminent price breakout. Could this help Bitcoin price recover above $66,000 by September? Bitcoin’s long-term holder accumulation rate has reached a 15-month high, according to popular analyst On-Chain College, who wrote in an Aug. 15 X post: “#Bitcoin Long-Term Holders are back to accumulating at levels that we haven’t seen since May 2023.” Bitcoin holders have shifted back to accumulating over the past month, according to an Aug. 15 X post by Glassnode, which wrote: “The Accumulation Trend Score indicates a market shift ... (full story)