Bitcoin Solid Above $34,000 Despite High Short-Term Holder Profit-Taking
Bitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders. Bitcoin Short-Term Holders Are
Read MoreBitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders. Bitcoin Short-Term Holders Are
Read MoreThe token's price rallied about 9% in the past 24 hours, hitting $11 after trading sideways within roughly $5 and $9 range since May 2022. It has since given up some of its gains but has still managed to advance 43% over the past month, making it one of the
Read MoreOn-chain data shows the Bitcoin profit-taking has risen to a two-month high, which could provide resistance to the BTC surge. Bitcoin Profit-Taking Volume
Read MoreBitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) may be dictating BTC price resistance.Profit-taking reinforces resistance levelsAs BTC/USD climbed towards $25,000,
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