More so, profit-taking may have some impact on why Bitcoin is straining to breach the $40,000 mark.
Santiment, a cryptocurrency data feed for investors, has tracked an increase in BTC in-profit transactions.
Additionally, Bitcoin has also suffered a massive drop on Sunday yet has recovered the following day.
As the crypto’s relative strength index hits the long-term trendline, BTC was rejected three times.
When not on his computer, he unwinds with a bottle of beer and laughs with his son over cartoons.
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