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Bitcoinist
2023-03-18 00:00:25

Bitcoin Profit-Taking Transfers Spike As BTC Breaks $27,000

Bitcoin Profit-Taking Transfers Spike As BTC Breaks $27,000

On-chain data shows the Bitcoin profit-taking volume has shot up after the cryptocurrency’s price briefly broke above the $27,000 level. Bitcoin Observes 2.4 Times As Many Profit Transfers As Loss Ones According to data from the on-chain analytics firm Santiment, this profit-taking level has not been seen since December 2020. The relevant indicator here is

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