News list for "Trader lock-in"

Opinion: 100,000 USD is an important psychological barrier for BTC, traders lock in profits or welcome consolidation period

Bitcoin has rallied this week, with eToro market analyst Josh Gilbert saying the market has clearly shifted to a more risk-prone tone over the past week, trade tensions appear to be easing, and Trump's willingness to negotiate has helped boost sentiment in risk assets, particularly bitcoin. Rachael Lucas, a cryptocurrency analyst at BTC Markets, believes that psychologically meaningful integer levels such as the 100,000 dollar usually prompt short-term profit-taking, and traders may usher in a p...

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2025-05-11 08:23:24