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