The price of Bitcoin increases and, data from the analysis firm Glassnode, leads to a bullish rally.

According to Glassnode, investors have accumulated a large amount of bitcoin in recent days.

It is also indicated that this period is very similar to that of April 2019 where bitcoin grew in capitalization.

According to the expert metric in this context, everything indicates that investors accumulate, since the metric is much closer to 1.

In April 2019, a scenario was seen in price and terms of accumulation.

If Bitcoin followed the same course as in 2019, a large price increase could be seen in the short term.

Right now, Bitcoin accumulates a weekly gain of 2.5% and is trading above USD 28,000.