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btc profit taking
The term **'BTC profit taking'** refers to the act of selling some or all of one’s Bitcoin (BTC) holdings to lock in gains after the price has increased. In other words, when Bitcoin’s value rises above the investor’s purchase price, they may decide to sell to realize profits rather than risk potential future price declines. Profit taking is a common practice in trading and investing to secure returns before the market potentially corrects or reverses trend.
Morgan Stanley Declares Bitcoin Has Entered Its “Harvest Season”
Morgan Stanley Wealth Management has described the current phase of the Bitcoin market as the “harvest season,” suggesting the asset has entered the autumn stage of its familiar four-year cycle. According to the bank, this period...
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