Bitcoin appears to be entering a renewed accumulation phase, with onchain metrics and falling whale selling pressure supporting analyst forecasts that BTC could reach $150,000 by late 2025 if momentum holds above key support near $120,000. Onchain signs of accumulation: reduced whale selling and stabilizing short-term holders. Options open interest reset and macro conditions may support a sustained fourth-quarter rally. Analyst targets: $150,000 contingent on sustained momentum above $120,000 and a dovish Fed shift. Bitcoin to $150,000: onchain accumulation and macro catalysts point to a possible late-2025 rally — follow support levels and options flow. Read COINOTAG analysis. Onchain dynamics and falling whale selling suggest a renewed accumulation phase for Bitcoin, which some analysts say could drive BTC toward $150,000 before the end of 2025, according to market commentary and blockchain data platforms. Bitcoin breached a new all-time high over the weekend, prompting market participants to reassess accumulation behavior and medium-term price targets. Bitcoin (BTC) recently set a new all-time high above $125,700, and market capitalization briefly exceeded $2.5 trillion, marking a notable milestone in crypto market capitalization. Macro factors—including the recent US government shutdown—have renewed debate about Bitcoin’s role as a store of value amid political uncertainty and loose liquidity conditions. Fabian Dori, chief investment officer at Sygnum Bank, highlighted that periods of political dysfunction have historically driven interest in decentralized assets, potentially creating the conditions for major price milestones. BTC/USD, year-to-date chart. Source: Cointelegraph/TradingView What is driving the current Bitcoin accumulation phase? Onchain data and macro liquidity conditions are driving the current accumulation phase. Metrics show easing selling pressure from large holders, shorter-term holders stabilizing, and a reset in options open interest that can precede concentrated upside moves. How are whales and long-term holders affecting BTC supply? Onchain indicators show reduced outflows from known large-wallet clusters and growth in exchange-held balances slowing. Glassnode and other blockchain data platforms report lower realized selling and increased long-term holding, which historically compresses circulating supply and can amplify upside when demand reappears. Jake Kennis, senior research analyst at Nansen, notes the market impact of political events will hinge on how they change Federal Reserve rate expectations. A move toward dovish policy would likely strengthen risk-asset flows into crypto. Source: Glassnode When could Bitcoin reach $150,000? Analysts project a potential breakout to $150,000 in late 2025 if BTC sustains momentum above the $120,000 psychological level and macro liquidity remains favorable. Confirmation would require multi-week stability and volume-backed moves. What technical and macro levels matter most? Key technical levels: support near $120,000 and resistance clusters around recent highs. Macro catalysts include Fed guidance, US political developments, and shifts in institutional flows such as ETF inflows and options positioning. How to read the current options and open interest signals? Options open interest recently reset after expiry. A lower open interest can reduce short-term leverage, which may limit downside volatility and set the stage for directional moves when fresh demand appears. { "@context": "https://schema.org", "@type": "HowTo", "name": "How to identify Bitcoin accumulation phase", "description": "A step-by-step checklist to recognize onchain and market signs of accumulation.", "image": "https://en.coinotag.com/wp-content/uploads/2025/10/0199b481-e4f8-7ca2-8d66-589194b52316.webp", "totalTime": "P0DT0H30M", "tool": [ "Onchain data platform (e.g., Glassnode - plain text)", "Options flow monitor", "Price chart with volume" ], "step": [ { "@type": "HowToStep", "url": "", "name": "Check whale selling", "text": "Look for declining large-wallet outflows and lower realized selling from long-term holders." }, { "@type": "HowToStep", "url": "", "name": "Monitor open interest", "text": "Confirm options open interest has reset and observe whether new positions are building on dips." }, { "@type": "HowToStep", "url": "", "name": "Confirm macro backdrop", "text": "Assess Fed commentary and liquidity indicators; dovish shifts favor risk-on assets." } ]} { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "Is Bitcoin entering an accumulation phase?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. Onchain metrics show easing whale selling and stabilizing short-term holders, which are classic signs of accumulation that can precede sustained price gains." } }, { "@type": "Question", "name": "What would push BTC to $150,000?", "acceptedAnswer": { "@type": "Answer", "text": "Sustained momentum above $120,000, supportive macro liquidity, a dovish Fed stance, and renewed institutional demand could push BTC toward $150,000." } }, { "@type": "Question", "name": "How does options open interest affect future moves?", "acceptedAnswer": { "@type": "Answer", "text": "A reset in open interest reduces levered exposure and can lower volatility, creating cleaner conditions for directional rallies when new demand arrives." } } ]} Frequently Asked Questions How reliable are onchain indicators for timing a Bitcoin breakout? Onchain indicators give leading evidence of supply-demand shifts but are not timing tools alone. Combine onchain data with price action, volume, and macro signals for a higher-confidence view. Will the US government shutdown directly cause a BTC surge? Political events can increase interest in decentralised assets, but sustained price impact depends on subsequent Fed policy and market liquidity responses rather than the shutdown alone. Key Takeaways Accumulation signal : Onchain metrics point to reduced selling from whales and steadier short-term holders. Macro catalyst : Fed tilt toward dovish policy and liquidity conditions could amplify upside. Actionable insight : Watch $120,000 as key support; sustained closes above it increase the probability of a move toward $150,000. Conclusion Bitcoin’s recent all-time highs and onchain signals indicate a potential renewed accumulation phase. While markets require multi-week confirmation, the combination of easing whale selling, an options open interest reset, and favorable macro conditions could support a rally to $150,000 by late 2025. Monitor support levels, onchain flows, and Fed guidance closely. — COINOTAG Price targets and catalysts Price Level Significance Primary Catalysts $120,000 Key psychological support Onchain accumulation, volume confirmation $125,700+ Recent ATH zone Market sentiment, ETF/flows $150,000 Analyst target for late 2025 Dovish Fed shift, institutional demand { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Onchain Signals Point to Bitcoin Accumulation Phase; Analysts Eye $150,000", "image": [ "https://en.coinotag.com/wp-content/uploads/2025/10/0199b481-e4f8-7ca2-8d66-589194b52316.webp" ], "datePublished": "2025-10-05T08:00:00Z", "dateModified": "2025-10-05T12:00:00Z", "author": { "@type": "Organization", "name": "COINOTAG" }, "publisher": { "@type": "Organization", "name": "COINOTAG", "logo": { "@type": "ImageObject", "url": "https://en.coinotag.com/wp-content/uploads/2025/10/0199b481-e4f8-7ca2-8d66-589194b52316.webp" } }, "description": "Onchain dynamics and macro catalysts suggest a renewed Bitcoin accumulation phase that could lead BTC toward $150,000 by late 2025 if momentum above key support holds."}
