CoinScoopCryptoQuant Warns of Potential Bitcoin Correction as Profit-Taking Hits 21-Month High
CryptoQuant reports that 33% of Bitcoin traders are currently in profit, the highest level in 21 months, signaling a potential short-term correction. Despite a bullish trend confirmed by the Bitcoin Bull Score Index, momentum is slowing as profit-taking reached 25,700 BTC on September 22. Key support levels are identified at $80,000, with further downside risks at $71,000 and $67,000.
Summaries are written by AI from the original article. Not investment advice.