BitcoinThe last strong gathering may slow down, but the King Crypto still shows the possibility of continuing the upward trend. In the wake of the wonderful increase in the BTC price in the past few weeks, its achieved profits have increased sharply, which led to a large wave of profit.
A noticeable rise in bitcoin profit, the barriers
While the encryption market has seen a brief fall, Bitcoin slowly loses its upward momentum, and the main assets have decreased to the price sign of $ 115,000. Meanwhile, the data on the series revealed a significant rise in the BTC network Achieved profits After the last gathering of Crypto King to the highest new level ever.
Darkfost, market expert and author, subscriber Development on the social media platform X (formerly Twitter). The expert monitored the height of profits after examining the average profits achieved in BTC in the weekly timetable.
This increase in the net profits achieved this means that BTC Investors It is steadily locked in the gains, which intensify profit realization signals throughout the market. The development often highlights a critical stage in market cycles, when optimism is high but caution begins to grow.
According to the market expert, this increased profit has been continuing since the end of June. currently, Achieving profit By BTC Investors at a standard level, reaching $ 3.3 billion during this period.
After examining the graphic drawing, Darkfost revealed that the heavy sales of the old BTC leads to a large extent height in the achieved profits. This spawning between the regiments has recently conducted the headlines of the newspaper. Specifically, these sales, which started at about 14 and 15 July, provide a clear explanation of the 7-DMA profit that was observed on the graph.
After a noticeable increase in PressureThe expert indicated that achieving profits has begun to decline since. If this trend continues, Darmest believes that development can give Bitcoin some space for breathing, allowing it to continue its upward direction.
Old hands BTC in case of movement again
Bitcoin also maintains its upward jar, Darkfost I mentioned Experienced investors, which are often referred to as old hands, transfer the original in large quantities. This is a huge BTC movement It is noted among investors between the ages of 3 and 5 years.
Data that the expert shares shows that more than 10600 BTC It was transferred by this group, which represents about $ 1.3 billion. Development reflects a shift in feelings between the most sick investors, which raises concerns about the current bull market.
Regardless of whether these movements indicate profits, strategic blogging, or preparedness for the most important market transformations, the activities of these pregnant women are usually occurred before noticeable transformation points in Bitcoin price courses.
Distinctive photo of Pixabay, Chart from TradingView.com
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