Bitcoin’s move to new highs paused due to intense profit taking; expert says it’s ‘perfectly normal’

bitcoin’s-move-to-new-highs-paused-due-to-intense-profit-taking;-expert-says-it’s-‘perfectly-normal’

Bitcoin’s advance to $71,375 on March 26, approaching its all-time high, was stalled due to intensified profit-taking activities, according to insights from Glassnode. “Several on-chain indicators have flagged an uptick in profit-taking events,” the analytics firm wrote in a newsletter…

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