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Bitcoin (BTCUSD) Poised to Soar After Glassnode Flags Late-Cycle Profit Taking

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Glassnode says Bitcoin is in a historically late cycle with peak profit-taking and weaker inflows after a $124,000 high; new, short-term holders and whales are accumulating, and on-chain metrics suggest a possible new all-time high within two to three months.
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BTCUSD price history

75941.33 +13.35% over the displayed period

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