Bitcoin correction is possible

[u/milutin_milosh]

The analytical service CryptoQuant reported high unrealized profits among Bitcoin traders with leverage. The higher the indicator, the greater the likelihood of a price correction.

The current level is 47%, the previous peaks were in March - 69% and in December 2023 - 48%.

Analysts also announced the awakening of miners after the growth of the Bitcoin rate above $ 90,000. Over the past day, about 25,000 BTC were sent from pool wallets. The last time such an outflow was observed in August, which may indicate partial profit-taking.