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via Cointelegraph · By Cointelegraph Staff

BTC Holders May Sell To Realize Profits Following April Rally

BTC

BTC/USDT

$62,909.53

-0.26%

$62,909.53

-0.26%

(24s)

24h Volume

$3,922,057,041.68

24h H/L

$63,390.00 / $62,716.00

Change: $674.00 (1.07%)

Long/Short

69.6%

Long: 69.6%Short: 30.4%

Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,904.00

▼ -0.29%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,769.35

Resistance 1$63,135.87

Price$62,904.00

Support 1$62,869.02

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.0

Cointelegraph Staff

(05:57 PM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at onchain analytics platform CryptoQuant.

Holders realized 14,600 BTC in profits on Monday, or $1.1 billion, following Bitcoin's April rally, Moreno said, adding that this is the “highest” single day of profit-taking since Dec. 10, when…

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Source

Cointelegraph Staff · Cointelegraph

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