Episode Details

Bitcoin surges to three-month highs, but profit-taking looms as 14,600 BTC, worth $1.1 billion, is cashed out—the largest single-day withdrawal since December. The short-term holder profit ratio spikes above one, indicating potential profit-taking. Despite the rally, Bitcoin remains in bear territory, with demand not matching the price increase. However, Bitcoin ETFs see solid inflows, with four positive days this week, totaling over $1 billion. Analysts remain divided on the future, with slim chances of reaching $100,000 by 2026, but on-chain movements keep the market excited.

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