---
title: "Bitcoin faces possible short-term pullback as miners take profit, but long-term uptrend still intact"
url: https://diffcoin.com/bitcoin-faces-possible-short-term-pullback-as-miners-take-profit-but-long-term-uptrend-still-intact/
description: "Bitcoin has retraced slightly after hitting a new all-time high near $123,000 as miners appear to be locking in profits. Bitcoin (BTC) has dropped roughly…"
published: 2025-07-16
updated: 2025-07-16
author: "Mila"
site: "Diffcoin"
---

# Bitcoin faces possible short-term pullback as miners take profit, but long-term uptrend still intact

Bitcoin has retraced slightly after hitting a new all-time high near $123,000 as miners appear to be locking in profits. Bitcoin (BTC) has dropped roughly 5% from its most recent peak and is trading at about $117,538 as of press… 
 
[Source link](https://crypto.news/bitcoin-short-term-pullback-miners-take-profit-2025/)