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BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data

Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.

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BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data

Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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