✉news BusinessCrypto first seen 9 h ago, last 8 h ago, peak #23
Bitcoin rally loses momentum as profit-taking spreads
Original: Bitcoin rally loses momentum as profit-taking expands — CryptoQuant
Bitcoin's recent rally is cooling as profit-taking broadens across the market, according to CryptoQuant data cited by FXStreet. On-chain indicators point to more holders selling into the price strength, slowing the cryptocurrency's upward momentum. Traders are watching whether demand can absorb the selling pressure or whether the pullback extends further.
Why now: Bitcoin's price has been stalling after a strong run, prompting investors to assess whether profit-taking signals a deeper correction.
Rank over time, top of the chart is #1. 2 snapshots from 9 h ago to 8 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/448699