Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant

Bitcoin’s recent rally stalled at a critical level, putting the top crypto asset in a position that has previously led to major downturns.
Source: decrypt.co

Bitcoin’s recent rally stalled at a critical level, putting the top crypto asset in a position that has previously led to major downturns.
Source: decrypt.co
Bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a different story. Strategy disclosed in a June 1 Form 8-K that it sold just 32 BTC between May 26 and May 31 for $2.5 million, at an average net price of $77,135, with proceeds earmarked to…