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Bitcoin $1B daily realized profits signal 'late-stage bull market'

Cointelegraph.com NewsKey points:Bitcoin investors are making the most of the highest price levels in several months by cashing out profits.These are averaging $1 billion per day, leading to concerns that the market comeback may stall or even reverse.Institutional participation has not led to a change in mindset, CryptoQuant says.Bitcoin (BTC) risks a “local top or sharp correction” if current levels of… 

​Key points:Bitcoin investors are making the most of the highest price levels in several months by cashing out profits.These are averaging $1 billion per day, leading to concerns that the market comeback may stall or even reverse.Institutional participation has not led to a change in mindset, CryptoQuant says.Bitcoin (BTC) risks a “local top or sharp correction” if current levels of… 

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