Over the past week, Bitcoin prices rose slightly by 1.04% to enter the $110,600 price zone following previous weeks of an extensive correction. Notably, on-chain data shared by crypto analyst Burak Kesmeci suggests the premier cryptocurrency may have found a potential bottom, indicating strong potential for a price rally in the coming weeks.
Related Reading: Bitcoin Miners Still Under Pressure In 2025 — How Long Can They Hold?
KMFG Sends Accumulation Signal Again—Is This BTC’s Next Big Move?
In an X post on September 6, Kesmeci shares an important note on the Bitcoin market that may signal an incoming bullish leg.
The renowned analyst reports that Bitcoin’s KMFG indicator has officially re-entered the accumulation zone for the first time since April 12, marking a potentially pivotal