Bitcoin’s Price: A Crossroads?
Bitcoin’s price is facing some headwinds, according to the analytics firm Glassnode. After hitting a new all-time high recently, the cryptocurrency is now seeing increased selling pressure. Profit-Taking Pressure Glassnode says this selling is coming from long-term Bitcoin holders who bought in at earlier price points, like $25,000-$31,000 and $60,000-$73,000. They’re cashing in their profits,…
