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

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 14 Views

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.

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