Bitcoin (CRYPTO: BTC) may be approaching one of its most appealing long-term buying windows, according to 21Shares.

Four Reasons For BTC Accumulation

Bitcoin’s decline in 2026 has been driven primarily by macroeconomic headwinds rather than deterioration in the asset’s fundamentals, the firm stated in a report released on July 8.

While U.S. spot Bitcoin ETFs recorded roughly $2.5 billion in outflows during June, much of the selling reflected the unwinding of institutional basis trades rather than long-term investor capitulation.

The report identified four reasons why current levels could present an attractive accumulation opportunity.