AMBCrypto • October 10th 2026, 5:00 AM
Is Bitcoin’s price rally losing steam after realized profits hit $1.03B?
Key Summary
Bitcoin's price rally is showing signs of cooling due to substantial profit-taking by investors, despite the price struggling to break past resistance levels. The cryptocurrency recorded $1.03 billion in realized profits in a single day, marking the second-highest profit-taking event of 2026. This has led to concerns about the sustainability of the rally, as large-scale selling pressure can increase short-term selling pressure and make it harder for Bitcoin to sustain its upward momentum.
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Bitcoin Price Rally Losing Steam After $1.03B Realized Profits
Market Analysis
Bitcoin's recent price rally has been fueled by substantial profit-taking by investors, despite the price struggling to break past resistance levels. According to Santiment, Bitcoin recorded $1.03 billion in realized profits in a single day recently, marking the second-highest profit-taking event of 2026.Technical Analysis
The price of Bitcoin is also facing selling pressure, with a 4.5% decline in a week. However, the RSI is in the healthy range, suggesting that bulls may be outpacing bears. The Bollinger Bands also suggest that BTC entered a steady state with the price moving in a structured channel.Fundamental Analysis
The decline in fresh capital flowing through ETFs, stablecoins, and corporate treasuries may be evidence that new demand may be weakening. Existing holders can sustain an advance for some time, but stronger inflows from new investors would provide additional buying power and make the rally more sustainable.Conclusion
Bitcoin is facing a critical test between profit-taking and fresh demand. The $81,000-zone could provide support, while resistance near $86,500 – $87,000 remains a hurdle.#Bitcoin#US#Crypto#SEC