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The post ‘Bitcoin Is in a Profit-Taking Phase’: CryptoQuant CEO appeared on BitcoinEthereumNews.com. In the last seven days, Bitcoin (BTC) has plunged by over 12.25% as general crypto market volatility persists. Amid this bearish outlook, CryptoQuant founder and CEO Ki Young Ju says Bitcoin is in a profit-taking phase and the coin could slip further as this trend continues. Macro liquidity into Bitcoin could break the cycle According to Young Ju, many traders who invested in Bitcoin earlier at a lower price before the rally are now choosing to sell. The move is motivated by the desire to lock in profits, a development that could slow momentum and keep prices down. This profit-taking is further worsened by the historical precedent of Bitcoin. Referencing Bitcoin’s PnL Index, Young Ju noted that the Bitcoin market is entering a bear market. For context, the PnL Index looks at the average price at which all Bitcoin holders bought their BTC. Bitcoin is in a profit-taking phase. The PnL Index measures profit and loss based on all wallets’ cost basis. Classic cycle theory says we’re entering a bear market. Only macro liquidity can override the profit-taking cycle, just as we saw in 2020. pic.twitter.com/J200MEv3Sg — Ki Young Ju (@ki_young_ju) November 22, 2025 The PnL Index is able to show the volume of wallets in profit, and when a lot of people are sitting on profits as it is obtainable now, they tend to sell. This increasing selling pressure might slow down Bitcoin’s recovery momentum in the market. Young Ju believes that unless something big happens, Bitcoin might be heading into a long cooling-off phase. That is, the coin could continue its downward volatility movement for a while if no significant shift occurs. He maintains that only macro liquidity can override the profit-taking cycle. Young Ju opines that the current market might mirror the 2020 cycle. As such, despite Bitcoin being in…

The post Sellers Drive BTC Toward Long-Term Support As $103M Outflows Hit Market appeared on BitcoinEthereumNews.com. Bitcoin trades near $84,200 after losing the 95,900 support cluster and retesting a long-term trendline. Spot outflows rose by $103M, extending a month of heavy red prints that erased every rebound. BTC now sits above the key $81,000 demand zone as EMAs slope lower and intraday structure favors continuation over reversal. Bitcoin trades near $84,200 after slicing below the $95,900 support cluster that held for most of the year. The rejection at $116,800 triggered a sharp rotation out of long positions, and sellers have driven the price directly into a long-term trendline that has defined the market.  Spot Outflows Rise As Risk Appetite Weakens CoinGlass data shows another heavy outflow day, with roughly $103 million exiting exchanges on November 22.  Source: CoinGlass This continues a month of persistent red flows, including several sessions above $200 million in net exits. Liquidity is leaving the ecosystem rather than entering, and this shift explains why each bounce attempt fades quickly. Trendline Break Signals Short-Term Weakness The daily chart shows a clear rejection pattern. Bitcoin failed to break above $116,800 and rolled over with heavy momentum. Price then lost the 20-day, 50-day, 100-day, and 200-day EMAs in rapid succession. All four EMAs are now angled downward and acting as a stacked resistance zone. Source: TradingView The supertrend flipped bearish near $98,100 and has continued to trail price lower. That flip marked the start of the current leg down. The break of the rising diagonal removed the last structural support before the current test of the long-term base. Volume profile levels reinforce the same picture. Bitcoin lost the high participation zone near $95,900, which served as a major point of control for nearly eight months. The next significant liquidity layer sits near $81,000, followed by a broader accumulation belt between $76,000 and $72,000. Below that…

With Bitcoin (BTC) dropping below $80,000, traders are aggressively seeking strong early-stage opportunities that are decoupled from the macro market crash. In this period of high volatility, many analysts point to Best Wallet (BEST) as one of the best crypto presales to buy during this strategic window. Interest continues to rise as the project gains […]

The latest on-chain statistics reveal that Bitcoin’s $BTC entrance into the profit-taking zone gets backing from the PnL Index Signal’s 365-day moving average.

TLDR: Coinbase begins planned BTC and ETH wallet migration to refresh internal security infrastructure. Large onchain transfers will appear as funds move between Coinbase-controlled internal wallets. Customer trading, deposits, and withdrawals continue without interruption during the migration. Coinbase warns users against impersonation scams attempting to exploit the visible migrations.   Coinbase initiated a major onchain [...] The post Coinbase Shifts Bitcoin and Ethereum as Part of Planned Security Upgrade appeared first on Blockonomi.

The post Bitcoiners Cheer As December Fed Rate Cut Odds Almost Double appeared on BitcoinEthereumNews.com. Bitcoiners were noticeably more upbeat on social media today as the odds of a US Federal Reserve rate cut in December nearly doubled compared to just a day earlier. Some crypto market participants are speculating that this could be the catalyst Bitcoin (BTC) needs to halt the asset’s downward trend. “Let’s see if that’s enough to find a bottom here for now,” crypto analyst Moritz said in an X post on Friday, as Bitcoin’s price trades at $85,071, down 10.11% over the past seven days, according to CoinMarketCap. On Friday, the odds of an interest rate cut at the December Federal Open Market Committee (FOMC) meeting almost doubled to 69.40%, according to the CME FedWatch Tool. Just the day before, on Thursday, it was nearly 30.30% lower, at 39.10%.  The odds of a US Federal Reserve rate cut jumped 30.30% on Friday. Source: CME Group Many in the wider market attributed the spike at least partly to dovish remarks from New York Fed president John Williams, who said the Fed can cut rates “in the near term” without endangering its inflation goal. Bloomberg analyst Joe Weisenthal said it was the reason the odds have “massively increased.” The setup is looking “unfathomably bullish,” says analyst However, economist Mohamed El-Erian warned market participants not to get “carried away” by the comments. Meanwhile, the broader crypto community has reacted even more bullishly. “Usually this would be bullish,” Mister Crypto said in an X post on Friday.  The Fed cutting rates is typically bullish for riskier assets such as Bitcoin and the broader crypto market, as traditional assets such as bonds and term deposits become less lucrative to investors. Source: Ted Crypto analyst Jesse Eckel pointed to the surging rate cut odds and said, “If you zoom out, the setup is unfathomably bullish.” “I…

The post Can MicroStrategy survive reclassification as a Bitcoin investment vehicle? appeared on BitcoinEthereumNews.com. Strategy (formerly MicroStrategy) is currently navigating the most complex regime in its four-year history as a corporate Bitcoin treasury. The company, which transformed itself from a steady enterprise software provider into the world’s largest corporate holder of BTC, is facing a convergence of headwinds that threaten the structural mechanics of its valuation. For years, the Tysons Corner-based firm operated with a distinct advantage that allowed its equity to trade at a significant premium to the net asset value (NAV) of its Bitcoin holdings. This premium was not merely a sentiment indicator as it was the engine of the company’s capital strategy. It allowed management to raise billions in equity and convertible debt to acquire Bitcoin, effectively engaging in regulatory arbitrage that benefited from the lack of spot Bitcoin ETFs in the US market. However, with Bitcoin recently sliding into the low $80,000s and MicroStrategy shares compressing toward $170, that valuation cushion has evaporated. MicroStrategy Stock Performance and MNAV Premium (Source: Strategy Tracker) The stock is now hovering near parity with its underlying assets (a unity NAV scenario), which fundamentally alters the firm’s economics. MSTR leverage breakdown The collapse of the premium mechanically disables the company’s primary method of value creation. Since adopting the Bitcoin standard, MicroStrategy relied on what supporters framed as intelligent leverage and what critics described as an infinite issuance loop. The mechanics were straightforward: as long as the market valued $1 of MicroStrategy equity at $1.50 or $2, the company could issue new shares to purchase underlying assets, mathematically increasing the Bitcoin per share for existing holders. This accretive dilution was the cornerstone of Executive Chairman Michael Saylor’s pitch to institutional investors. It effectively turned share issuance (usually a negative signal for equity holders) into a bullish catalyst. The company even formalized this metric, introducing BTC Yield…

Een bitcoin adres dat jarenlang onaangeroerd bleef, kwam deze maand plots in beweging. Daarachter schuilt een van de oudste en rijkste bitcoinbezitters, die in één klap 11.000 BTC naar verschillende handelsplatformen stuurde. Die actie trok direct de aandacht van de markt: zulke grote transfers van een ‘slapende’ whale zijn zeldzaam. Check onze Discord Connect met "like-minded" crypto enthousiastelingen Leer gratis de basis van Bitcoin & trading - stap voor stap, zonder voorkennis. Krijg duidelijke uitleg & charts van ervaren analisten. Sluit je aan bij een community die samen groeit. Nu naar Discord De achtergronden van de enorme transactie Volgens blockchainanalysebedrijf Arkham Intelligence gaat het vermoedelijk om Owen Gunden, een naam die in de beginjaren van Bitcoin al opdook als early adopter. Zijn wallet bleef ruim veertien jaar onaangetast, wat uitzonderlijk is in een markt waar vrijwel elke beweging wordt gevolgd en geanalyseerd. In enkele weken tijd werden er 11.000 BTC verzonden, waaronder een transactie van bijna 300 miljoen euro naar Kraken. De totale waarde van de overboekingen kwam uit op ruim 1,1 miljard euro. Hoewel de identiteit niet officieel is bevestigd, wordt algemeen aangenomen dat dit het slotstuk vormt van een langdurige hodlperiode. Opvallend genoeg valt dit samen met een stevige correctie in de markt. De koers van bitcoin daalde recent van 126.000 naar ongeveer 83.000 dollar. Het moment van deze verkoop maakt het extra betekenisvol. OWEN GUNDEN HAS NOW SOLD ALL OF HIS $1.3 BILLION BITCOIN Owen Gunden was an OG Bitcoin whale who held BTC since 2011. Since late October he has sold 11K BTC worth $1.3 billion. He has just transferred $230M of BTC to Kraken, marking his final sale. pic.twitter.com/m0gQWCHrxZ — Arkham (@arkham) November 20, 2025 Gevolgen en bredere context Deze verkoopgolf komt op een moment waarop de cryptomarkt toch al onder druk staat. Beleggers zoeken naar houvast en dan wekt een megatransactie als deze onvermijdelijk onrust. De omvang van 11.000 BTC maakt het tot een van de grootste verplaatsingen in de recente bitcoinhistorie. Het idee dat een veteraan uit de vroege dagen van Bitcoin zijn munten verplaatst, heeft ook een symbolisch gewicht. Binnen de community wordt het gezien als een teken dat zelfs langetermijnbeleggers hun strategie heroverwegen. Hoewel zijn motieven onbekend blijven, benadrukt deze actie hoe belangrijk het is om de bewegingen van grote wallets scherp in de gaten te houden. Wie actief is in crypto weet dat on-chain data vaak het verhaal vertelt voordat de koers beweegt. Grote transacties als deze zijn dan ook zelden toeval. Ze passen in bredere verschuivingen waarin oude structuren plaatsmaken voor nieuwe dynamiek. Laatste zet van een oude speler De overdracht van 11.000 BTC door een vroege investeerder markeert een kantelmoment voor de sector. Niet alleen vanwege de waarde van meer dan een miljard euro, maar ook omdat het laat zien dat zelfs doorgewinterde hodlers hun positie kunnen herzien. De cryptowereld is constant in beweging en dit soort transacties herinneren ons eraan dat geen enkele speler, hoe vroeg ook begonnen, per definitie blijft zitten. Best wallet - betrouwbare en anonieme wallet Best wallet - betrouwbare en anonieme wallet Meer dan 60 chains beschikbaar voor alle crypto Vroege toegang tot nieuwe projecten Hoge staking belongingen Lage transactiekosten Best wallet review Koop nu via Best Wallet Let op: cryptocurrency is een zeer volatiele en ongereguleerde investering. Doe je eigen onderzoek. Het bericht Bitcoin miljardair verrast cryptowereld met megaverkoop is geschreven door Sebastiaan Krijnen en verscheen als eerst op Bitcoinmagazine.nl.

Bitcoin drops 12.25% amid ongoing profit-taking and market volatility. CryptoQuant’s Ki Young Ju suggests Bitcoin may face further declines. Bitcoin’s recovery depends on macro liquidity and external market factors. Bitcoin (BTC) has seen a significant 12.25% decline over the past week, as ongoing volatility continues to shape the crypto market. This downturn has left many traders on edge, with some experts predicting that Bitcoin could face further declines in the short term. According to CryptoQuant CEO Ki Young Ju, the current market is largely driven by profit-taking as investors look to lock in gains from previous rallies. Also Read: Solana Faces Market Decline but Shows Signs of Bullish Divergence Profit-Taking Phase and Market Pressure Young Ju points out that Bitcoin’s price movement reflects a typical profit-taking phase. Many investors who bought Bitcoin at lower prices are now choosing to sell in order to secure profits. This selling pressure is weighing heavily on the coin’s price, slowing down any potential recovery. Bitcoin is in a profit-taking phase. The PnL Index measures profit and loss based on all wallets’ cost basis. Classic cycle theory says we're entering a bear market. Only macro liquidity can override the profit-taking cycle, just as we saw in 2020. pic.twitter.com/J200MEv3Sg — Ki Young Ju (@ki_young_ju) November 22, 2025 Bitcoin’s PnL Index, which tracks the average price at which holders purchased their BTC, indicates that a large number of holders are currently in profit. This trend has historically led to increased selling activity, which in turn puts downward pressure on prices. The combination of this profit-taking behavior and low trading volume has contributed to a bearish sentiment in the market. Furthermore, Bitcoin’s Relative Strength Index (RSI) has entered oversold territory, signaling that the coin could hit further lows, potentially reaching $78,000 before any chance of a rebound. The Role of Liquidity in Market Recovery Despite the negative outlook, some notable figures in the crypto space, including Raoul Pal, maintain a long-term optimistic view. Pal suggests that the current market correction is a routine cycle for Bitcoin, and that the coin will likely recover as it has in past downturns. However, he notes that a significant influx of macro liquidity is essential for a price reversal. Without such liquidity, Bitcoin may continue to struggle in the short term. Bitcoin’s future price movements will depend largely on broader market conditions. While the current profit-taking phase and reduced trading volume contribute to a bearish outlook, a major injection of liquidity could help reverse the trend and restore market confidence in the cryptocurrency. Also Read: Yoshitaka Kitao: Early Life and Net Worth – The Vision Behind SBI Holdings and the Future of Digital Finance The post Bitcoin Faces 12.25% Drop as Profit-Taking Phase and Market Volatility Persist appeared first on 36Crypto.

Crypto traders using leverage to bet on a Bitcoin price rebound are getting crushed. In the last 24 hours, $2.2 billion in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority of the liquidations hit traders going long, with total BTC long liquidations leading the way at $1.05 […] The post $2,200,000,000 in Bitcoin and Crypto Liquidated As BTC Plummets To $81,050 appeared first on The Daily Hodl.