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CryptoQuant Analyst: Bitcoin Profit-Taking Surge After Reaching $123,000 Could Signal Healthy Correction Ahead

Summary: According to reports, CryptoQuant analyst Tarek J posted on social media that after Bitcoin reached a high of $123,000, there was a surge in profit-taking based on net flow data from exchanges. This trend typically signals the formation of a local top and could potentially trigger a healthy pullback or consolidation in the coming days.

According to reports, CryptoQuant analyst Tarek J posted on social media that after Bitcoin reached a high of $123,000, there was a surge in profit-taking based on net flow data from exchanges. This trend typically signals the formation of a local top and could potentially trigger a healthy pullback or consolidation in the coming days.

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Link: CryptoQuant Analyst: Bitcoin Profit-Taking Surge After Reaching $123,000 Could Signal Healthy Correction Ahead [Copy]

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