BTC Profit-Taking Hits Record Highs Beyond 2021: Should Investors Be Concerned?
Bitcoin long-term holders (LTHs) have booked profits at an almost unprecedented level, outpacing even the 2021 bull market in realized gains.
On-chain data shows long-term holders have offloaded more BTC this cycle than at any point except the frenzied peak of 2017, adding weight to warnings that the number one cryptocurrency may be entering the late phase of its ongoing bull run.
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Bitcoin Price Analysis: BTC Stabilizes After $15K Drop but Danger Still Looms
BTC Profit-Taking Hits Record Highs Beyond 2021: Should Investors Be Concerned?
Bitcoin long-term holders (LTHs) have booked profits at an almost unprecedented level, outpacing even the 2021 bull market in realized gains.
On-chain data shows long-term holders have offloaded more BTC this cycle than at any point except the frenzied peak of 2017, adding weight to warnings that the number one cryptocurrency may be entering the late phase of its ongoing bull run.
Read More