Bitcoin price bounce sees profit taking hit 2-month high

Sep 15, 2023  · Bitcoin price rose to $26.8k on Thursday, even as profit taking rose to 2-monyth high. BTC price below the 200-week MA could offer a buying opportunity.


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Bitcoin Price Bounce Sees Profit Taking Hit 2-month High

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Sep 15, 2023  · Bitcoin price rose to $26.8k on Thursday, even as profit taking rose to 2-monyth high. BTC price below the 200-week MA could offer a buying opportunity.

coinjournal.net

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Bitcoin Price Bounce Sees Profit Taking Hit 2-month High

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Feb 8, 2024  · Bitcoin rose to highs above $26,800 on Thursday, before profit taking pushed kicked in to see it trade lower. An analyst says price below the 200-week MA repres

coingeography.com

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Double-digit Drop In Bitcoin Profit-taking Metric Hints It’s ‘ready’ …

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Dec 18, 2024  · Bitcoin’s price dropped below $105,000 after making a new all-time high of $108,365 on Dec. 17. The short-term drop occurred ahead of the United States Federal …

cointelegraph.com

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Bitcoin Price Bounce Sees Profit Taking Hit 2-month High

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Bitcoin spiked above$26,800 in a single day Thursday as bulls bounced to hit its highest degree for the reason that decline to under $25k on Monday. ... Important Ripple v SEC Lawsuit …

cryptocurrents.news

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Bitcoin, Ethereum Technical Analysis: BTC Hits 2-Month High, …

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Jan 13, 2023  · Bitcoin rallied to a two-month high earlier in today’s session, as prices climbed above the $19,000 mark. Following a low of $17,995.20 on Thursday, BTC /USD moved to a …

bitcoin.com

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Bitcoin Price 2-month Highs On ‘soft Landing’ May Precede Sub …

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Sep 26, 2024  · Bitcoin market participants, meanwhile, saw the need for consolidation around the latest highs before fresh upside. Related: Bitcoin sell-side risk hits 2024 low just $10K from …

cointelegraph.com

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Bitcoin Sees Heaviest Profit-Taking Period Of Entire Market Cycle ...

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Nov 26, 2024  · Long-term Bitcoin holders are suddenly unloading a massive amount of coins this month as the flagship crypto asset dips into the $93,000 range, according to a popular on …

dailyhodl.com

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Ongoing Profit-Taking Could Slow Bitcoin's Move To Record High

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Oct 17, 2024  · Glassnode data shows that over $11 billion in realized profit has taken place in just over a week, with $5.6 billion on Oct. 8 alone, making it the single biggest profit-taking day …

coindesk.com

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Bitcoin Price Bounce Sees Profit Taking Hit 2-month High

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Sep 15, 2023  · [ad_1] Bitcoin rose to highs above $26,800 on Thursday, before profit taking pushed kicked in to see it trade lower.An analyst says price below th

cryptoinfomation.com

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Bitcoin Hits A Record High – Should You Buy Or Sell? - MoneyWeek

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Nov 11, 2024  · Bitcoin has surged to a record high in the aftermath of Donald Trump’s election win, exceeding the $80,000 mark. Investors are bullish about what a Trump presidency could …

moneyweek.com

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Bitcoin Just Hit A New High. Is It Time To Reconsider Crypto In Your ...

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Mar 5, 2024  · Bitcoin hit an all-time high of US$69,202 in intraday trading on Tuesday, topping the previous peak of US$68,999.99 from November 2021. It later retreated and lost ground on the …

globalnews.ca

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Bitcoin Profit-taking Nears $74K Peak As Speculators

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Oct 16, 2024  · Bitcoin speculators have initiated mass profit-taking as BTC price gains take the market to three-month highs. Data from onchain analytics platform Glassnode shows Bitcoin …

cointelegraph.com

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Will Bitcoin Keep Going Up? 3 Warning Signs It Could Start Dropping ...

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Nov 13, 2024  · If bitcoin approaches the upper band at $94,900, it may highlight "when periods of intense demand are slowing down, and where price is high enough for many existing holders …

morningstar.com

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Why Bitcoin Will Soar Above Its Fresh Record: Van Straten

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Nov 9, 2024  · Profit-taking is below the 2017 all-time high. ... taking isn't even topping that despite bitcoin's price being far higher. Bitcoin has been stuck between $50,000 and $70,000 for …

businessinsider.com

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Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts

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Sep 16, 2024  · The cryptocurrency is geared for a bounce that could take the asset far beyond $92,000, despite recent losses. Short-Term Projection. Bitcoin’s immediate technical …

tradingview.com

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94% Of All Bitcoin In Profit Hints That $69K BTC Price Was A Local Top

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Oct 22, 2024  · A similar scenario was seen in March 2024, when the price hit new all-time highs above $73,800, buoyed by capital flows into US-based spot Bitcoin ETFs and anticipation of …

cointelegraph.com

FAQs about Bitcoin price bounce sees profit taking hit 2-month high Coupon?

How much money did bitcoin make after the election?

They are. Glassnode data shows that on Nov. 6, the day after the U.S. election, $3.5 billion of profit was realized as bitcoin jumped from $68,000 to $76,000, while the total for the next two days was $3.2 billion. However, even though this may seem like a lot, it's tiny compared with prior all-time highs. ...

How much money has bitcoin made in a month?

Meanwhile, monthly profit realization has historically ranged between $30 billion and $50 billion before demand saw exhaustion and the rally cooled down, the analysts noted. The realized profits have stood at around $20.4 billion since bitcoin entered the latest record high discovery phase, said the analysts. ...

How much has bitcoin been stuck in the past 7 months?

Bitcoin has been stuck between $50,000 and $70,000 for seven months. Despite breaking out of that range, investors are patiently waiting for higher prices. Using inflation from the U.S. Bureau of Labor Statistics, you can measure how much purchasing power has been lost versus previous years. ...

Is bitcoin going mainstream?

Bitcoin, the world’s largest cryptocurrency by market cap, hit a fresh high Tuesday on the heels of a months-long rally. Some observers suggest that the once-niche alternative investment has gone mainstream, which may have big implications for its future price trajectory. ...

What's going on with the largest cryptocurrency (btcusd)?

The largest cryptocurrency (BTCUSD) has entered a new price-discovery phase as it keeps breaking all-time highs, putting almost all of bitcoin's circulating supply into profit, analysts at Glassnode wrote in a Tuesday note. It hit a record high of $91,902 mid-morning Wednesday, up 118% year to date. ...

Why has bitcoin risen so much since October 2023?

Bitcoin’s overall rise of nearly 160 per cent since October 2023, of which 44 per cent came in February alone, marks a sharp contrast to 2022, when the market was beaten into an 18-month-long crypto winter, plagued by a string of high-profile corporate bankruptcies and scandal. ...

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