BTC Traders Realized $500M an Hour During Several Periods of Selling

BTC traders realized $500M an hour during several periods of selling

The post BTC traders realized $500M an hour during several periods of selling appeared on BitcoinEthereumNews.com. Traders accelerated their profit-taking in the past few days, realizing $500M an hour in profits. Based on Glassnode data, traders are trying to lock in gains while reassessing the next move for BTC.  Traders are profiting from the BTC market, using each recent recovery. As BTC regained $105,000 and showed signs of recovery, traders…

Bitcoin (BTC) Faces Volatility Risk as Exchange Reserves Hit an All-Time Low

The number of Bitcoin (BTC) held on various centralized exchanges has fallen to below 2.5 million BTC, signalling a potential upsurge in the short to medium term.  Multiple analysts have predicted that Bitcoin could break its current all-time high price level to set a new record within the $180,000 and $250,000 range.  Bitcoin (BTC) is seeking to overturn the 3% loss recorded on its weekly price chart after “printing” 1.3% gains on its 24-hour c…

Bitcoin (BTC) Price: Technical Analysis Shows Consolidation Near $105,000 Level

TLDR Bitcoin price tested the $103,200 support zone after declining from $110,500 BTC is now trading above $105,000 and the 100-hourly simple moving average Bitcoin exchange reserves have fallen to an all-time low of 2.5 million BTC Institutional accumulation is increasing with large holders steadily adding to their positions Technical indicators show mixed signals but point to potential upward movement if $106,000 resistance is broken Bitcoin …