'Excellent Window' for Strategic Accumulation as Bitcoin Risk Indicator Flips Bullish
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- Glassnode reports its Risk Index at 0 — the lowest possible — and its Moderate Strategy moving from “Moderate” to “High Confidence” for the first time since Oct 10.
- Bitcoin surged to $79,388 on Wednesday, its highest level in over three months, up from the $76,000 range noted by SKIMNEWS.
- Bitget Wallet analyst Lacie Zhang calls the moment “an excellent window for strategic accumulation” and forecasts a new all‑time high by year‑end.
- BTSE COO Jeff Mei links the bullish outlook to the easing of the US‑Iran conflict and expects continued upward pressure.
- Myriad prediction market shows a 74% probability that Bitcoin will climb to $84,000, up from 62% earlier in the week.
Why it matters: Institutional investors stand to gain as Bitcoin’s cleared‑risk signal and $79,388 price target attract $4.4 million in realized profits, while retail traders risk missing the next rally to $84k.
