Crypto: Bitcoin Accumulation Wave Puts $80k Back In Play: Analyst 2026
Demand from Bitcoin accumulation addresses reached a new high, with analysts citing a futures market CME gap as a prediction point for their higher short-term price targets.
Bitcoin (BTC) saw a sharp dip below $67,400 during the Monday session open, after it rallied above $70,000 over the weekend. An immediate recovery may come at the back of BTC order book data, which shows aggressive bid positioning, and onchain data pointing to a rise in long-term accumulation.
Analysts now say the move may extend toward the $80,000–$84,000 region, with order book liquidity playing a key role in the next move.
The Bitcoin accumulator addresses held over 372,000 BTC on Feb. 15, up from 10,000 BTC in September 2024.
BTC order books show the largest bid skew in over two years, signaling a stronger near-term support.
Crypto analyst Mark Cullen said Bitcoin may move toward the early February CME (Chicago Mercantile Exchange) gap, placing $80,000 to $84,000 as his upper price target this week.
A CME gap forms when the Bitcoin futures on the Chicago Mercantile Exchange close for the weekend and reopen at a different price, leaving a price range with no traded volume.
Previously, Bitcoin has revisited these gaps to “fill” them, meaning the price trades back through that untested range.
The current gap sits roughly between $80,000 and $84,000, making it a clear technical level. With 9 out of 10 CME gaps filled since August 2025, the $80,000–$84,000 range stands out as the key unfilled level.
Meanwhile, the order book data shared by crypto trader Dom shows roughly $596 million in bids within 0–2.5% of price versus $297 million in asks. This near 2:1 bid-to-ask imbalance represents the largest bid skew in over two years.
Source: CoinTelegraph