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Investors buy 259,000 Bitcoin in 10 days as accumulation hits peak, signaling possible market bottom.

Market News
16 Jun 2026
Benzinga
View Source
Neutral
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Over the past 10 days, investors have purchased a net total of 259,298 Bitcoin between $59,000 and $67,000, marking the strongest buying interest during the current price drawdown. This broad-based accumulation spans all wallet sizes, reversing previous selling trends seen from March to May. Bitcoin ETFs lost $64 million Monday, while Ethereum, Hyperliquid, XRP, and Solana funds saw inflows. Bitcoin now faces a critical resistance level near $66,670; a break above could target $70,510 and $73,156, while failure might retest lows around $62,000 to $59,000. This activity may indicate a market bottom or just a temporary bounce within a still-uncertain trend.

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