Cryptocurrency13 Apr 2026SEO 801 min read

Analysis: Bitcoin hit by $20 million-an-hour selling pressure above $70,000

Bitcoin has once again seen heavy profit-taking above $70,000, according to Glassnode. Bitcoin has once again seen heavy profit-taking above $70,000, with over…

Bitcoin has once again seen heavy profit-taking above $70,000, according to Glassnode. Bitcoin has once again seen heavy profit-taking above $70,000, with over $20 million in BTC sold per hour, capping the upside. The $70K–$80K zone has been acting as a distribution range since February, with gains quickly sold into and momentum fading. Prices briefly touched nearly $74,000 on Saturday before slipping back below $71,000 as the breakdown in Islamabad peace talks between the U.S. and Iran pushed…

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