Short-term Bitcoin traders took profit on 63,000 BTC over the past 24-hours. Will profit-taking continue to stall the rally?
Bitcoin’s (BTC) rally stalled above $76,000 stalled on Tuesday after short-term profit-taking by traders reached its highest level in 2026.
The activity coincided with continued accumulation by long-term holders, and this opposing interaction between the two cohorts may continue to impact Bitcoin’s attempts to break into the $80,000 range.
New Bitcoin short-term holders moved their holdings as BTC in profit sent to exchanges reached 63,000 BTC on April 14, the highest level in 2026, since the 44,800 spike on Jan. 14.
