Profit-taking investors could delay new Bitcoin price record

Although Bitcoin has been in the same price range since February, finding strong support and resistance at its extremes, the long-term sentiment remains the same.

Bitcoin has accumulated gains of 10% in the last 7 days, trading at US$$ 67.000 at the time of writing. Analysis indicates that 95% of Bitcoin investors are in profit, 3% are in the black, and only 2% are in the black.

While this is a positive thing, it is also a warning. After all, many people are willing to sell their coins to realize their gains, including whales, creating selling pressure.

Therefore, it is possible that Bitcoin will fall again before reaching a new record price.#BecomeCreator #MarketDownturn #mem

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