Profit-Taking Wave Hits Bitcoin as Whales Trim Holdings

After months of relentless gains, Bitcoin appears to be entering a cooling phase as large holders and institutions take profits, reducing short-term liquidity and pressuring prices below key technical ￰0￱ move reflects a broader shift in sentiment from euphoria to cautious consolidation — a familiar pattern in Bitcoin’s cyclical ￰1￱ a rapidly changing environment where focus and narratives are constantly shifting, timely interventions and sustained visibility are ￰2￱ is why data-driven agencies like Outset PR do more than just track token prices; they also monitor the broader media ￰3￱ Data Pulse provides current intelligence on crypto media performance, significantly improving the effectiveness of PR ￰4￱ Trim Holdings Amid Signs of Exhaustion Addresses holding 10–10,000 BTC have reduced their cumulative balance by 23,200 BTC—approximately $2.5 billion—since October 12, according to on-chain data .

Historically, such reductions tend to occur near local market tops, signaling a rotation phase as major players lock in profits and redeploy ￰5￱ wave of profit-taking has thinned buy-side liquidity, setting off a series of cascading sell orders as traders rush to exit leveraged ￰6￱ Bitcoin’s 57.41% year-to-date gain, whales appear to be diversifying into stablecoins or altcoins, anticipating more favorable entry points later in the ￰7￱ Breakdown Suggests Extended Consolidation The technical picture has turned increasingly ￰8￱ has slipped below its 30-day simple moving average (SMA) at $113,191 and the 50% Fibonacci retracement level at $114,898—both critical zones for maintaining bullish ￰9￱ the MACD histogram remains slightly positive (+97.13), momentum indicators suggest the uptrend is losing ￰10￱ Relative Strength Index (RSI) hovering between 47 and 48 reflects neutral-to-bearish conditions, hinting that traders are reluctant to re-enter until clearer confirmation of support emerges.

Short-term participants have largely exited positions following the breakdown, while bullish investors are watching closely to see whether the $105,000–$107,000 range ￰11￱ 200-day SMA, now at $109,756, stands as the make-or-break level for Bitcoin’s mid-cycle structure. A daily close below that could invite deeper losses and shift the broader outlook from consolidation to ￰12￱ with C-Level Clarity: Outset PR’s Proprietary Techniques Deliver Tangible Results If PR has ever felt like trying to navigate a foggy road without headlights, Outset PR brings clarity with ￰13￱ builds strategies based on both retrospective and real-time metrics, which helps to obtain results with a long-lasting ￰14￱ PR replaces vague promises with concrete plans tied to perfect publication timing, narratives that emphasize the product-market fit, and performance-based media ￰15￱ gain a forward-looking perspective: how their story will unfold, where it will land, and what impact it may ￰16￱ most crypto PR agencies rely on standardized packages and mass-blast outreach, Outset PR takes a tailored ￰17￱ campaign is calibrated to match the client’s specific goals, budget, and growth ￰18￱ is PR with a personal touch, where strategy feels handcrafted and every client gets a solution that ￰19￱ PR’s secret weapon is its exclusive traffic acquisition tech and internal media ￰20￱ Tech That Powers Performance One of Outset PR’s most impactful tools is its in-house user acquisition ￰21￱ fuses organic editorial placements with SEO and lead-generation tactics, enabling clients to appear in high-discovery surfaces and drive multiples more traffic than through conventional PR ￰22￱ in point: Crypto exchange ChangeNOW experienced a sustained 40% boost in reach after Outset PR amplified a well-polished organic coverage with a massive Google Discover campaign, powered by its proprietary content distribution ￰23￱ More Traffic with Outset PR’s In-house Tech Outset PR Notices Media Trends Ahead of the Crowd Outset PR obtains unique knowledge through its in-house analytical desk which gives it a competitive ￰24￱ team regularly provides valuable insights into the performance of crypto media outlets based on the criteria like: domain activity month-on-month visibility shifts audience geography source of traffic By consistently publishing analytical reports, identifying performance trends, and raising the standards of media targeting across the industry, Outset PR unlocks a previously untapped niche in crypto PR, which poses it as a trendsetter in this ￰25￱ in point: The careful selection of media outlets has helped Outset PR increase user engagement for Step App in the US and UK ￰26￱ PR Engineers Visibility That Fits the Market One of the biggest pain points in Web3 PR is the disconnect between effort and outcome: generic messaging, no product-market alignment, and media hits that generate visibility but leave business impact ￰27￱ PR addresses this by offering customized ￰28￱ campaign begins with a thorough research and follows a clearly mapped path from spend to the result.

It's data-backed and insight-driven with just the right level of boutique care. Outlook: Testing Resilience Before the Next Leg Bitcoin’s latest retracement appears less a collapse and more a strategic reset after one of the most profitable stretches in recent ￰29￱ combination of whale profit-taking, ETF outflows, and institutional caution has temporarily cooled the market, but structural demand from ETFs and long-term holders remains ￰30￱ Bitcoin stabilizes above the 200-day SMA (~$109,756) and ETF inflows continue to recover, the asset could reenter a consolidation band between $105,000 and $115,000 before the next major move. Conversely, a decisive break below that level could extend declines toward $95,000–$98,000, where strong on-chain support clusters historically ￰31￱ near-term volatility, Bitcoin’s long-term outlook remains ￰32￱ major cycle has seen similar profit-taking waves followed by renewed accumulation, setting the stage for the next expansion phase once selling pressure ￰33￱ Line Bitcoin’s recent drop marks a healthy recalibration after months of gains, driven by profit-taking from large holders and a temporary shift in institutional ￰34￱ short-term risks remain, the 200-day SMA and ETF flow trends will be the critical indicators to watch for signs of market stabilization and the next potential rebound.

Disclaimer: This article is provided for informational purposes ￰35￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.