Bitcoin Pauses After Breakout to All-Time High, Support Around $62K
BTC buyers have taken some profit, but support is nearby.
BTC buyers take profit, but selling should be limited around $61K support.
But the impact on the market may be little.
BTC is roughly 7% lower from its all-time high, similar to the April 1 pullback.
The Coinbase listing is seen as a watershed moment for the cryptocurrency industry.
Long-term BTC hodlers are less tempted to sell relative to prior bull markets, according to data from Glassnode.