After a bullish weekend, investors are taking advantage of the new Bitcoin all-time high for profit-taking. There are some indications that the end of the flagpole has not yet been reached. The market update.On a brilliant weekend, the Bitcoin price reached a new record high. The crypto reserve currency rose to $ 61,170 on Saturday, March 13th. The Bitcoin price has increased by over 1,000 percentage points since the Corona crash a year ago. Reason enough for one or the other profit-taking: At the time of going to press, Bitcoin was trading at 58,681 US dollars, just below the recently conquered 60,000 mark.As is so often the case, the Altcoins let themselves be carried away by the Bitcoin rally and \u2014 at least in a weekly comparison \u2014 also largely printed green candles. Within the top 50 coins by market capitalization, Chiliz (CHZ), Hedera Hashgraph (HBAR), and Enjin (ENJ) can boast strong price gains in the three-digit percentage range. Chiliz (400 percent up) and Enjin (95 percent up) benefit from the growing hype about non-fungible tokens; a sector in which the two projects have specialized.The strong development in the Bitcoin price has ensured that practically every Bitcoin holder is currently in the plus again. 99.36 percent of all Bitcoin units (Unspent Transaction Outputs, UTXO) are worth more than when they were created. This emerges from the blockchain data from the analysts at Glassnode.The fact that a long position in Bitcoin pays off is not only underlined by Glassnode\u2019s UTXO analysis. A look at the data from Datamish suggests that fewer and fewer traders are venturing into a short position and speculating on a falling Bitcoin price.A year ago, the share of short positions in margin trading with Bitcoin was over a third. This share fell to below six percent over\u2026<\/p>","protected":false},"excerpt":{"rendered":"
After a bullish weekend, investors are taking advantage of the new Bitcoin all-time high for profit-taking. There are some indications that the end of the flagpole [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3952"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=3952"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=3952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=3952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=3952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}