Bitcoin (BTC) $108,979.46 0.75%
Ethereum (ETH) $2,561.27 1.82%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 151.721096 2.52%
Cardano (ADA) $0.59 2.74%
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Cryptocurrencies: 26585

Markets: 104250

Market Cap: $3,363,512,843,742

24h Vol: $68,523,822,230

Bitcoinist

2021-01-26 15:30:50

Bitcoin On-Chain Data Indicates Extreme Profit Taking Underway

Bitcoin On-Chain Data Indicates Extreme Profit Taking Underway

Bitcoin has pulled back $10,000 from highs set earlier in the year, and according to on-chain data, it is due to extreme profit taking from early investors and miners. Here’s what past bull markets suggest about the current sell off and if this is an opportunity to “buy the dip,” or if the top is in. Bitcoin Bull Market Correction Is Here, According To On-Chain Data After rising from $3,800 to over $40,000 in less […]

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