Bitcoin News
By Sakamoto Nashi
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Profit-Taking Drops by 50% in 6 Months. According to data from on-chain analytics platform Glassnode, the daily volume of profit-taking in…
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Short-Term Holders Less Eager to Sell. The percentage of short-term holders (investors who bought Bitcoin within the last 155 days)…
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Key Resistance Ahead at $116,000. Bitcoin recently surged to an all-time high of $123,000 in July 2025.
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Risk of Further Correction Still Present. Despite these signs of stabilization, the market isn't out of the woods yet.
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Macroeconomic Risks Still Loom. Bitcoin isn’t just dealing with crypto-specific trends—it’s also tied to broader economic…
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Market Sentiment Is Cautious. Another sign of caution is Bitcoin’s 30-day skew, which has moved into negative territory.
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Final Thoughts. In summary, Bitcoin appears to be entering a consolidation phase after a record-setting rally.
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Bitcoin is showing signs of stability after a period of sharp price movements and heavy profit-taking.
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This means that fewer investors are selling at a profit right now, which is typically a sign that the market is trying to find a more balanced or stable footing.
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Glassnode suggests that this shift puts Bitcoin in a “relatively balanced position,” where buying and selling are more even.
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Bitcoin recently surged to an all-time high of $123,000 in July 2025. Since then, the price has pulled back, and it's currently trading just above $112,000.
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Analysts believe a key level to watch is $116,000. This is the average cost basis of investors who bought Bitcoin in the past month.
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But for now, Bitcoin is trading within a tricky range. Glassnode notes there's an “air gap” of low liquidity between $110,000 and $117,000.
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Despite these signs of stabilization, the market isn't out of the woods yet. Daniel Liu, CEO of crypto firm Republic Technologies, says the recent pullback is still within…
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The supply of short-term holders “in profit” has dropped from 100% to 70% recently. If demand doesn’t bounce back quickly, investor confidence could weaken, possibly triggering…
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