Bitcoin ($BTC) Companies owned by convicted buyers, large companies with little on-chain activity, tripled in 2026.
According to an analysis of on-chain data from 2017, the convicted buyers increased their holdings by almost 300% year-to-date (year-to-date) to about 4 million Bitcoins. bitgoanalyzed by Finnvold on May 13th. The investor group added about $3 million after taking profits in stages from February 2023 to October 2025. $BTC In 2026, it is valued at approximately $243 billion at the time of writing.
As such, confident Bitcoin buyers accumulated more coins in the 2026 bear market than in the 2021 bull market. However, these investors have yet to exceed their holdings during the COVID-19 crypto crash and the 2018-2019 crash.
Nevertheless, confident buyers accumulated even more funds $BTC The recent bear market has been moving faster than at any other time. As such, the flagship coin could be trapped in a bear market for a short period of time, which could signal a bull market in the near future.
Bitcoin price outlook amid significant demand from confident buyers
Convinced buyers have been actively accumulating Bitcoin since the beginning of the year, but the majority of short-term traders remain bearish. and $BTC As Finvold pointed out, the price is facing stiff resistance near $82,000, and Kalsi traders are predicting further capitulation in 2026.
To be exact, $BTC According to the index, the price has remained below $60,000 this year, increasing by 3% to about 47% in the past 24 hours. Karushi. Additionally, Kalsi traders see a 37% chance that Bitcoin price will fall below $55,000 again by the end of this year.
Nevertheless, confident buyers’ active $BTC As Finbold reported, the accumulation could significantly reduce selling pressure from leveraged traders. Therefore, Bitcoin may be nearing the end of a macro bear market, supported by the previously established behavior of convinced buyers.
