Bitcoin in Possible Accumulation Phase: How Credit Spreads Impact the Market

A recent analysis offers an interesting perspective on Bitcoin: the behavior of credit spreads could indicate when a buying window for the largest cryptocurrency might occur. According to market data, credit spreads remain at historically low levels, suggesting that investors may still be underestimating corporate default risks. ## The Historical Pattern of Bitcoin and Spread Dynamics The analysis conducted by NS3.AI points to a recurring pattern in market cycles: when there is a significant widening of credit spreads, Bitcoin tends to reach its lowest points three to six months later. This time frame presents a valuable opportunity for those monitoring the asset’s accumulation movements. Historical data suggest that this correlation is not coincidental but rather a structural dynamic of financial markets. ## Current Scenario and Projections for the Coming Months With Bitcoin currently trading around $65,980, based on data from February 12, 2026, the investor community is closely watching how spreads evolve. The expectation is that the months of May to July could represent a strategic accumulation zone if the historical pattern holds. This means that monitoring credit spread movements in the coming months will be crucial for anticipating significant changes in Bitcoin’s price. ## Why Spreads Matter Credit spreads serve as a barometer of risk appetite in global markets. When they remain low, as they are now, it indicates widespread confidence. However, this confidence may be masking real risks. When a reversal occurs and spreads widen, risk signals intensify, creating conditions for assets like Bitcoin to enter more pronounced accumulation phases.