Skip to content

Bitcoin Profit-Taking Cools Off at $115K – Maxi Doge Looks Poised to Pop

2025-08-07 08:46:27

Bitcoin Profit-Taking Cools Off at $115K – Maxi Doge Looks Poised to Pop

Description

Bitcoin short-term holders are finally chilling out. After weeks of aggressive profit-taking near the $123K peak, new Glassnode data shows that spending activity from recent buyers has cooled off – a signal that the worst of the post-ATH dump might be behind us. That’s a big deal. When short-term holders stop rushing for the exits, it gives long-term buyers room to accumulate without fighting constant sell pressure. In other words, the bull cycle gets to breathe again. And when Bitcoin calms dow...

>> go to origin page
Tags:
Crypto News

More Reading