Key Metrics Signal Strong Rebound Potential
In the aftermath of October’s brutal market maelstrom, Bitcoin (BTC) is scripting a classic tale of resilience, with on-chain metrics screaming “buy the dip” louder than ever. As highlighted in a viral post from CoinBureau on October 29, 2025, accumulation addresses—wallets scooping up BTC without intent to sell—have exploded to over 760,000, a fresh all-time high. This surge follows the October 10 crash that saw BTC plummet from a record $126,300 to an intraday low of $107,000, triggering $19 billion in liquidations and wiping out billions in trader equity. Now trading at $113,421—still nursing a 10% monthly loss—the king of crypto is witnessing “smart money” feasting on fear, per the post’s bullish refrain.
On-Chain Data Shows Conviction Amidst Volatility
Glassnode’s chart, embedded in CoinBureau’s update, tells the story in stark lines: a steady climb from August’s 700k baseline, accelerating post-crash into a near-vertical spike by late October. These aren’t retail panic buys; accumulation addresses track entities holding 1+ BTC that add to positions during downturns, often institutions or high-conviction HODLers. The metric’s jump—up 8% in three weeks—signals conviction amid chaos, contrasting the broader market’s hedge in fear, where the Fear & Greed Index languished at 22 before clawing back to neutral. Glassnode notes illiquid supply dipped by 62,000 BTC since mid-October, hinting at some profit-taking, yet net holder activity leans bullish as mid-tier investors (1-10 BTC) re-enter the fray.
POST-CRASH ACCUMULATION RECORD!
— Coin Bureau (@coinbureau) October 29, 2025
Following the Oct 10 market crash, #Bitcoin accumulation addresses surged to over 760,000.
Proof that smart money buys fear. pic.twitter.com/lb3LHuFXeA
ETF Support and Future Catalysts Bolster Outlook
This isn’t blind optimism. The crash, dubbed “Uptober’s Ugly Turn,” stemmed from Fed rate hike jitters, overleveraged positions, and a stronger dollar squeezing liquidity—echoing 2022’s winter but with ETF backstops in place. Spot BTC ETFs, now holding $120 billion AUM, absorbed much of the fallout, with inflows resuming at $500 million last week. Analysts at Galaxy Digital see three tailwinds ahead: regulatory clarity post-election, halving scarcity dynamics, and corporate treasury adoption, like Korea’s Bitplanet kicking off a 10,000 BTC hoard.
Market Sentiment and Price Targets
For traders, the signal is clear: $110k support holds the line, with a $120k retest eyeing year-end targets north of $150k if accumulation persists. As CoinBureau quips, “Proof that smart money buys fear.” In crypto’s Darwinian arena, this post-crash pile-on could be the spark for Bitcoin’s phoenix rise—proving once more that crashes are for catching, not cursing.