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After topping $50,000, multiple data points suggest that Bitcoin investors are beginning to consider taking some profit.
Bryan Biswas
Bryan is a former writer at Cointelegraph. He is a digital asset journalist whose reporting focuses on on-chain data analysis, innovation across emerging Layer-1 and Layer-2 networks, and digital asset adoption trends.
Bitcoin drops under $50K as on-chain data and BTC market structure hint at profit-taking - Market Update
3 reasons why Bitcoin price is showing strength this week Bitcoin bulls are pushing BTC price higher but is there enough willpower to overcome the resistance at $43,500?