Bitcoin Profit Takes are Taking Off
BTC

🤯 According to our on-chain data, Bitcoin finished the weekend with a ratio of 2.95 transactions with coins in profit (at the time of being obtained, then being moved) for every 1.00 transaction with coins at a loss. Historically, this has been a short-term price top signal.
📊 Typically, high profit takes lead to a downslide in an asset's price. Meanwhile, when loss transactions outpace profit transactions, it can be a reliable buy signal. Monitor the chart here!