$BTC The influx of capital and the expansion of Bitcoin addresses categorized as "accumulators" are signs pointing to a bullish price trajectory for BTC, with a target of $130,900. This upward trend is validated by the intensification of demand.

On Thursday, Bitcoin broke the barrier of $113,800, driven by a massive increase in demand from accumulator addresses.

According to CryptoQuant, these entities accumulated a total of 248,000 BTC on Wednesday, setting an annual record in this metric. The 30-day demand from these wallets has increased by an impressive 71%, starting from 148,000 BTC on June 22, highlighting strong underlying buying pressure.