BTC seems to be in phase of another strategic buildup as seasoned market participants shift gears from profit-taking to accumulation. Bitcoin VDD chart reveals four significant accumulation phases: January and October 2023, October 2024, and now March 2025.
Each phase is marked by a sharp drop in VDD, signaling reduced coin movement and increased conviction among long-term holders. The current reading, highlighted by the fourth blue circle on the chart, is the lowest since mid-2024.
The behavior of these seasoned participants, buying low and exiting near local tops, offers a reliable gauge for broader market sentiment. Their current stance suggests they do not see present price levels as opportune for distribution. The absence of realized value destruction supports the theory that smart money is staying put. Their conviction adds credence to a price floor forming near the $82K level, discouraging aggressive short-selling in the current structure.
Despite the bearish short-term structure, the Accumulation/Distribution Line is stable at 4.93M, indicating that distribution pressure hasn’t intensified. This divergence, price weakness vs. steady A/D levels, could point to a hidden bullish divergence forming. It could confirm this thesis if the price stabilizes and breaks above the $ 84K-$ 85K resistance zone.
As of now, at the time of writing this article, BTC is being trade around $82,700 and its market capitalization stands at $1.641 Trillion.