Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

“The market remains stubbornly bullish in spite of negative headlines about Mt. Gox and the DMM hack last week, BTC rallied confidently above $69,000 in Asia,” QCP said in a broadcast message late Monday. “This bullishness is likely to continue as the market waits for the ETH spot ETF to usher in new demand.”

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