🪩Bitcoin’s Surge Past $52K: A Windfall for Short-Term Holders

February 16, 2024

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🪩Bitcoin’s Surge Past $52K: A Windfall for Short-Term Holders

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Yello, ParadiseClub Members!😎 You need to watch out for this interesting signal in the Bitcoin market right now:

💎The Bitcoin short-term holders are cashing out. As Bitcoin went pass the $52k level, holders locked in a Net Realized Profit / Loss of +$647M, the largest since the 2021 ATH formation. Historically, this profit-taking phase has led to price corrections in the short term.

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