---
title: "Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — Analyst"
url: https://diffcoin.com/double-digit-drop-in-bitcoin-profit-taking-metric-hints-that-btc-is-ready-to-rally-analyst/
description: "Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.…"
published: 2024-12-18
updated: 2024-12-18
author: "Mila"
site: "Diffcoin"
---

# Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — Analyst

Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.

[Source link](https://cointelegraph.com/news/double-digit-drop-in-bitcoin-profit-taking-metric-hints-that-btc-is-ready-to-rally-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)