Bitcoin is generating renewed accumulation chatter after two separate signals pointed to a rare long-term buying window. On Oct. 12, Michael Saylor posted on X that “The ₿ears are under control,” a message that quickly received 2,925 likes and 240 retweets. The statement added to a shift in sentiment among Bitcoin holders, with traders watching whether influential social media commentary can reinforce more optimistic positioning.
On Oct. 13, analytics platform Lookonchain highlighted a synchronization that has historically preceded Bitcoin’s largest cyclical rallies. The price has simultaneously fallen into deep undervaluation territory on the Dynamic Rainbow Chart and cooled into the accumulation zone on the 200-week moving average heatmap. According to Blockchaincenter, Bitcoin’s long-term trajectory is resting inside historical accumulation and “fire sale” bands.
The Dynamic Rainbow Chart uses a Power Law regression that has described Bitcoin’s behavior since 2012 with 94.3% accuracy. Bitcoin is now pressed against the bottom of that mathematical rainbow, stuck between the “BUY!” and “Basically a Fire Sale” ranges. From this model’s perspective, the price is compressed and offers maximum discount to fair value, while the theoretical peak of a future overheated market has moved far beyond the $1,000,000 mark.
Look Into Bitcoin’s 200WMA heatmap adds a second independent argument. The indicator evaluates the growth rate of the 200-week moving average support line and colors chart points from purple to bright red. Bitcoin has dropped to this boundary only four times before, at moments of extreme pessimism: 2015, 2018, 2020, and 2022. The chart has now turned cold blue again, a marker that speculative froth and excess leverage have been flushed out.
While retail traders may be bored by the range, the signal suggests large strategic players are using the lull for steady accumulation. For dollar-cost averaging investors, these calm “blue” zones have historically been the strongest trigger to build positions before a new uptrend.
