Profit-taking
Coverage of Profit-taking in the Nexus archive.
- Three reasons Palo Alto Networks’ stock is falling in the face of upbeat earnings
Palo Alto Networks' stock is declining despite positive earnings, driven by profit-taking, delayed AI revenue contributions, and adjustments to financial reporting practices.
- Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies
Bitcoin surged to $77,000, testing resistance levels and pressuring short positions. However, profit-taking and traders' reluctance to increase margin or spot longs limited the breakout's momentum.
- ‘Rally on trial’: Bitcoin breakout faces key $80,000 test as whales, ETF investors buy into volatility
Bitcoin faces a critical $80,000 price test amid a rally driven by whale activity and ETF investor interest, but analysts warn of profit-taking and macroeconomic risks. The cryptocurrency's breakout is challenged by a congested resistance zone and broader market uncertainties.
- Bitcoin loses grip near $80,000 as ETH, SOL, DOGE fade on profit-taking
Bitcoin's price dropped below $80,000 as investors took profits, while Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) also declined amid broader market corrections. The cryptocurrency market faces pressure from profit-taking activities, leading to a temporary pullback in major digital assets.
- Bitcoin chases monthly high above $80K as nearly all BTC price metrics turn bullish
Bitcoin approaches $80,000 as bullish price metrics and futures market positioning drive momentum. Analysts question if profit-taking between $83,000 and $88,000 could limit further gains.
- Bitcoin outlook still clouded by ‘extreme fear’ amid macro uncertainty and profit-taking despite rally to $76K, analysts say
Bitcoin approached $76,000 amid rising ETF demand and Wall Street records, but analysts caution the rally remains fragile due to macroeconomic uncertainty and profit-taking. Sentiment is mixed, with price gains offset by persistent 'extreme fear' in the market.