<ul><li>Bitcoin momentum is fading as profit-taking increases, indicated by a decline in Momentum Buyers and an increase in Profit Takers.</li><li>The cryptocurrency’s price may be heading towards a sideways movement due to rising profit-taking and declining momentum.</li><li>Investors are now selling more than they are buying, causing uncertainty about where Bitcoin’s price will move.</li><li>Glassnode's analysis reveals a common sign of market tops where enthusiasm wanes, and selling increases, potentially leading to market stabilization.</li></ul>

Bitcoin Momentum Buyers Drop as Profit Takers Increase: Glassnode

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