Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant
In brief Bitcoin’s price recently fell short of topping its 200-day moving average, the average closing price over the period. The move mirrors its activity...
Tag : profittaking
Bitcoin profit-taking may 'accelerate' as price hits 3-month high: Analyst
Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at...
Bitcoin Dips Below $80K as Analysts Say Profit-Taking Is on the Rise
In brief Bitcoin’s rally stalled on Thursday as the top crypto asset fell below $80,000. Analysts at CryptoQuant note that the asset’s recent rise has...
Bitcoin faces resistance near $75K as on-chain data signals profit-taking
Recent on-chain data shows a sharp rise in Bitcoin (BTC) movement to exchanges. Summary Binance inflow CDD spike suggests long-term Bitcoin holders moving funds to...