Crypto

Bitcoin Profit-Taking Continues as BTC Price Nears High With Bhutan Moving Some Holdings to Binance

Recent CoinDesk research has shown that as more holders of Bitcoin move into profit and seek to secure their gains, market activity may begin to slow down. This trend has been observed since October 17, when the research was initially published. Despite ongoing profit-taking, it still appears that a new all-time high for Bitcoin could be reached in the near future.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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