Quick Take As Bitcoin’s value teeters slightly over $40,000, the market undergoes significant sell pressure, partly attributable to GBTC outflows and an intriguing profit-taking trend. This trend, which CryptoSlate closely monitors, reveals long-term holders and short-term holders engaging in profit-taking at levels not witnessed in years. From Oct. 20, 2023, onwards, daily profit-taking has become […]
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91 days of historical profit-taking emerges in Bitcoin