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

2025-08-07 08:46:27

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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...

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