{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=ES&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Bitcoin+price+takes+massive+knock+as+investors+cash+out&text=As+Bitcoin+market+cap+tagged+%241+trillion+USD%2C+it+seems+investors+are+looking+to+take+profit+amidst+the+bull+run.+&text=%3Cdiv+class%3D%22post-content%22+data-v-5a136f3a%3D%22%22%3E%0A%0AWhile+Bitcoin+price+continues+to+try+to+find+its+strength+again+after+a+hard+correction%2C+the+market+capitalisation+of+the+cryptocurrency+has+dropped+below+the+milestone+%241+trillion+USD+mark+again.+%28%3Cstrong%3Ebold%29%C2%A0%3C%2Fstrong%3E%0A%0ABitcoin%2C+which+has+been+bullishly+gaining+in+the+first+three+months+of+the+new+year%2C+took+a+knock+last+week+to+dip+over+12%25+from+its+all-time+high+trading+value.+After+bagging+over+%2460%2C000+USD+-+another+milestone+for+the+cryptocurrency+-+the+market+cap+was+sitting+at+a+strong+%241+trillion+USD.+Dropping+back+to+trading+below+%2452%2C500+USD%2C+the+Bitcoin+market+cap+is+now+sitting+at+%24980+billion+USD.+While+this+is+still+healthy%2C+it+is+a+%24140+billion+USD+drop+in+the+past+seven+days.%0A%3Ch2%3EBitcoin+predictions+amiss%3C%2Fh2%3E%0AEarlier+this+week%2C+Bitcoin+analyst+and+crypto+bull+Willy+Woo+noted+that+he+thinks+the+total+market+cap+of+Bitcoin+won%27t+fall+back+down+below+the+milestone+again.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3EURPD%3A+%227.3%25+of+bitcoins+last+moved+at+prices+above+%241T%22%3C%2Fp%3E%0AThis+is+pretty+solid+price+validation%3B+%241T+is+already+strongly+supported+by+investors.+I%27d+say+there%27s+a+fair+chance+we%27ll+never+see+Bitcoin+below+%241T+again.+%3Ca+href%3D%22https%3A%2F%2Ft.co%2Fbf8uXkht16%22%3Epic.twitter.com%2Fbf8uXkht16%3C%2Fa%3E%0A%0A%E2%80%94+Willy+Woo+%28%40woonomic%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fwoonomic%2Fstatus%2F1373552028945846272%3Fref_src%3Dtwsrc%255Etfw%22%3EMarch+21%2C+2021%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%3Ch2%3EBitcoin+price+correction+as+investors+cash+out+for+profit%3C%2Fh2%3E%0AIt%27s+been+suggested+that+the+reason+behind+the+correction+is+firms+and+retailers+are+looking+to+take+profit+after+Bitcoin+hit+its+new+record+high+value.+As+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2FRager%2Fstatus%2F1374744635755618306%22%3Eper+analyst+Josh+Rager%3A%3C%2Fa%3E+%28%3Cstrong%3Ebold%29%C2%A0%3C%2Fstrong%3E%0A%0A%22%3Cem%3EUnrealized+profits+aren%27t+realized+until+they%27re+in+the+bank.%3C%2Fem%3E%22+%28%3Cstrong%3Ebold%29%C2%A0%3C%2Fstrong%3E%0A%0AHe+continued+to+note+that+firms+and+investors+will%C2%A0%3Cem%3Eall%3C%2Fem%3E+end+up+taking+profit%2C+even+if+they+have+suggested+otherwise+in+the+past.+Pointing+towards+MicroStrategy%27s+CEO+Michael+Saylor%2C+he+added+that+they+will+sell+high+and+buy+low+-+a+strategy+which+traders+undertake+to+maximise+profits.+%28%3Cstrong%3Ebold%29%C2%A0%3C%2Fstrong%3E%0A%0A%22%3Cem%3EDon%27t+try+to+act+like+Saylor+won%27t+take+profits+eventually%2C+cause+he+will+along+with+every+other+fund+on+the+planet.+Then+they%27ll+buy+back+lower.%3C%2Fem%3E%E2%80%9D%0A%0A%3C%2Fdiv%3E","timeout":15}