Bitcoin’s move to new highs paused due to intense profit taking; expert says it’s ‘perfectly normal’
CAT
1 min read
Bitcoin’s advance to $71,375 on March 26, approaching its all-time high, was stalled due to intensified profit-taking activities, according to insights from Glassnode. “Several on-chain indicators have flagged an uptick in profit-taking events,” the analytics firm wrote in a newsletter…
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Bitcoin’s move to new highs paused due to intense profit taking; expert says it’s ‘perfectly normal’
