---
title: "Bitcoin's rally hit a snag as profit-taking increases and US demand drops, raising concerns about a potential downturn."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286322209.md"
description: "The upward momentum of Bitcoin came to a halt as it reached a crucial level, highlighting the potential for a significant drop in value. This development is significant as similar situations in the past have resulted in substantial decreases in the price of the top cryptocurrency."
datetime: "2026-05-13T21:32:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286322209.md)
  - [en](https://longbridge.com/en/news/286322209.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286322209.md)
---

# Bitcoin's rally hit a snag as profit-taking increases and US demand drops, raising concerns about a potential downturn.

The upward momentum of Bitcoin came to a halt as it reached a crucial level, highlighting the potential for a significant drop in value. This development is significant as similar situations in the past have resulted in substantial decreases in the price of the top cryptocurrency.

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [BTC.US](https://longbridge.com/en/quote/BTC.US.md)
- [BITI.US](https://longbridge.com/en/quote/BITI.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [BTF.US](https://longbridge.com/en/quote/BTF.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [MNRS.US](https://longbridge.com/en/quote/MNRS.US.md)
- [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md)
- [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md)

## Related News & Research

- [Galaxy Digital Secures One of America’s Toughest Crypto Licences to Serve New York Institutions](https://longbridge.com/en/news/286847648.md)
- [Fold Holdings Q1 revenue falls on lower Bitcoin prices and transactions](https://longbridge.com/en/news/286155206.md)
- [Crypto ETF Race Intensifies With TKNS Launch, Targeting Bitcoin, Altcoin Growth](https://longbridge.com/en/news/286443783.md)
- [This bitcoin price engine just turned back on](https://longbridge.com/en/news/285977397.md)
- [Robinhood's (HOOD) Crypto Revenue Collapsed. The Business Did Not](https://longbridge.com/en/news/286385984.md)