Bitcoin (BTC) is showing signs of potential growth as analysts highlight key metrics suggesting it could join the stock market rally. Currently consolidating between $107,000 and $117,000, Bitcoin's pattern mirrors a previous setup that led to a 70% rally in 2024, according to analyst Ash Crypto. 
Coin Bureau reports a significant increase in Bitcoin accumulation addresses, now exceeding 760,000, following the October 10 market crash, indicating strong buying interest at lower price levels. Glassnode also notes a stabilization in Bitcoin as sell pressure diminishes, with support identified near $111,000 and resistance around $117,000. Analysts are watching for Bitcoin's next move ahead of the Federal Reserve's rate cut decision.
Bitcoin Analysts See Potential for BTC to Join Stock Market Rally
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