While Bitcoin remains close to its recent peaks, it’s becoming clear that investor sentiment is starting to shift. Data shows that the $BTC market has become less favorable for momentum buyers, with a much sharper uptick in profit-taking. The late-stage telling may be that both momentum and reversal signals are now being sold by indicators. All of this is starkly contrasted by the first-time buying that is still happening. To know for sure what’s transpiring, though, we need to play the waiting game. But $BTC looks solid either way. At the same time, Bitcoin’s appeal to the corporate world keeps
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