
Stretched Profits, Cooling Demand Put Bitcoin Rally on Pause—for Now: Report
Key Highlights CryptoQuant said Bitcoin entered a bull market after moving above its 365-day moving average. Short-term Bitcoin holders are sitting on average unrealized gains of about 33%, increasing the risk of profit-taking. CryptoQuant identified potential support near $80,000, $71,000 and $67,000 if a correction develops. Bitcoin Rally Faces Rising Profit-Taking Risk Bitcoin’s recent surge ...



