BTC coin concentration near warning zone; major market shift expected

BTC coin concentration near warning zone; major market shift expected MarsBit Release Time: 2026/10/04 02:43:38 Share BTC $85,164.40 0.42% Summary The BTC price formed rare doji patterns with long wicks on the daily chart, signaling potential volatility. On August 1, 2026, 1.68 million BTC were concentrated in the $62,000–$63,000 range, with BTC dominance at 12.9%. Two months later, 1.52 million BTC accumulated in the $83,000–$84,000 range, pushing dominance to 12%, near a warning threshold. A similar pattern in August previously triggered a 17-day rally from $60,000 to $80,000. A major market shift is likely within one to two months. Huo Xing Finance reports that analyst Murphy noted in a post that BTC’s daily chart has shown consecutive doji candles with rare long upper and lower wicks.