Bitcoin coin on table with monitor showing price chart in background
Bitcoin News

Bitcoin profit-taking may accelerate as price hits 3-month high, analyst warns

Bitcoin’s recent rally to three-month highs is prompting a surge in profit-taking among holders, a trend that could accelerate if prices continue to climb, according to Julio Moreno, head of research at onchain analytics firm CryptoQuant. Moreno warned that despite the short-term price recovery, Bitcoin remains in a bear market. Profit-taking reaches highest level since […]