Bitcoin profit-taking makes $140K key BTC price point: Research

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5N2NhMzktZGFlNy03OTlkLTg2YzYtYWExYzdhYTlkYzEz

Bitcoin realized profits this year have yet to match 2024 levels, and BTC price action would notionally need to rise 30% as a result, said research from CryptoQuant.

Key points:

Bitcoin realized profits for long-term holders remain comparatively lower than during 2024.

Research calculates that to match those levels, BTC/USD needs to reach $140,000.

Read more