Bitcoin Profits Slip, New Research Points to 140K as Key Price Level
Recent analysis reveals a concerning trend for Bitcoin (BTC). According to research from CryptoQuant, realized profits this year have not reached 2024 levels. For BTC to regain a significant foothold, it requires a substantial 30% price increase. As investors assess the cryptocurrency market, many speculate whether Bitcoin can recover to hit the crucial 140,000-dollar mark. The dynamics surrounding mining, market sentiment, and external factors will likely influence this journey. Staying updated with market trends will be essential for investors navigating this volatile landscape.