Bitcoin Consolidates Below $94K Amid Weak Demand, Eyeing 2026 Rebound Potential

Bitcoin is experiencing a consolidation phase below the $94k resistance level, driven by insufficient demand despite accumulator addresses steadily adding to their holdings. On-chain metrics like apparent demand and realized profit/loss highlight bearish pressures, signaling challenges for a near-term breakout. Accumulator addresses have increased BTC holdings during this consolidation, indicating long-term confidence. On-chain data shows [...]