Tuur Demeester sees Bitcoin entering ‘heavy accumulation’ phase

Bitcoin fund Adamant Capital recently released a report stating that Bitcoin (BTC) is in an accumulation phase. Rangebound activity is expected as part of this phase.
Accumulation for BTC
Adamant Capital founding partner Tuur Demeester, along with cofounder Michiel Lescrauwaet, created an in-depth report on Bitcoin’s current price action and status, titled “Bitcoin In Heavy Accumulation.”
The report noted that Adamant Capital’s past Bitcoin evaluations, in 2012 and 2015,