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Glassnode: Bitcoin profit-taking remains “below historical peak” and “further gains” may be imminent

Glassnode: Bitcoin profit-taking remains “below historical peak” and “further gains” may be imminent

CointimeCointime2024/11/13 06:11
By:Cointime

since Bitcoin broke through the high point of $73,679 in March, Bitcoin holders have realized a profit of $20.4 billion. Cryptocurrency analysis company Glassnode pointed out in its market report on November 12th: "Although profit-taking is significant, it is still below historical highs, indicating that there is still room for further growth before potential demand is exhausted."

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