Bitcoin's Profit-Taking Surges Past $3.7 Billion as Price Tops $120,000
Bitcoin's price action has been intense, with profit-taking levels soaring past $3.7 billion on the stock market today. This marks the fifth-largest such volume recorded in 2025. The bitcoin price has reclaimed the $120,000 level, with over 20% of today's trading volume occurring beyond $105,000 in the stock market.
Market sentiment has been volatile, swinging between optimism and bearish predictions. When bitcoin hits the upper bound of its range, investors are eager to lock in gains, leading to significant profit-taking. However, as the price approaches the lower bound, consensus shifts towards predicting a bear market. This pattern has been observed throughout 2025, with prominent analysts noting high volumes of profit-taking associated with long liquidations exceeding 1.6 billion USD in the stock market. These corrections, though causing short-term setbacks, are seen as potentially healthy for the stock market's future strength.
Bitcoin's price action has been moving within a range, with investors capitalising on its rally to secure profits in the stock market today. Today's trading volume has been particularly high, with a significant portion occurring at prices above $105,000. This indicates strong interest and activity in the stock market, despite the profit-taking.
Wednesday's profit-taking levels, exceeding $3.7 billion in the stock market today, reflect the intense price action in bitcoin. While this could signal a potential bear market, analysts view such corrections as healthy for the cryptocurrency's long-term strength in the stock market. As bitcoin's price reclaims the $120,000 level, investors remain active, with over 20% of today's trading volume occurring beyond $105,000 in the stock market.
