Ongoing Profit-Taking Could Slow Bitcoin's Move to Record High

2024-10-18 15:12

Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.

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Bitcoin (BTC) на Currencies.ru

$ 68472.39 (+0.13%)
Объем 24H $36.844b
Изменеия 24h: 1.69 %, 7d: 10.02 %
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Цена в час новости $ 67187.83 (1.91%)

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Bullish Case For Bitcoin: Profit Taking Turns Into Buying The Blood

Bitcoin price recently saw a $2,000 correction after months straight of surging. At the start of the selloff, signs pointed to profit-taking as the primary reason for the pullback. However, after greed turned to fear, big-money investors have begun buying the blood right out from under investors who are panic-selling the cryptocurrency at a loss. […]

2020-9-16 03:00


Bitcoin Could See Profit-Taking Pullback to Mid-$6K, CNBC ‘Experts’ Say

Panelists at CNBC say that Bitcoin price could be due for a pullback despite climbing more than 120 percent since the start of the year. Third Time’s the Charm for Bitcoin? After months of muted conversation around Bitcoin, CNBC analysts are now back in the saddle again, with cautiously bearish sentiments about BTC as the cryptocurrency continues to enjoy a positive trajectory in 2019.

2019-5-16 14:00