Bitcoin holders cut profit-taking by 60%—Are they waiting for $120K?

La Crypto Monnaie

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Since the general market for cryptography entered a volatile period, Bitcoin has faced a persistent increased sales pressure from investors and traders over the last few weeks, which causes the BTC's price to drop sharply to the support level of $93,000. After [...] Read more Long-term Bitcoin holders have reduced sales pressure as part of market uncertainty, a major movement that is looming? appeared first on The Crypto Currency.

Bitcoinist

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TheSpuzz

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Bitcoin Long-Term Holders Cut Back Selling Pressure Amid Market Uncertainty, A Major Move Looming?

Since the general crypto market entered a volatile period, Bitcoin has faced persistent heightened selling pressure from investors and traders in the past weeks, causing BTC’s price to drop sharply toward the $93,000 support level. After a period of bearish behaviors, optimism seems to have returned to the market as evidenced by a reduction in selling pressure. Long-Term Bitcoin Holders Tighten Grip As the crypto market continues to wane, an on-…

AMBCrypto

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Bitcoin holders cut profit-taking by 60%—Are they waiting for $120K?

Bitcoin's long term holders have reduced selling by 60% as they eye $120k to start selling again. BTC moderately recovers by 1.02%.