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Analysis: Profit-Taking Surges After Bitcoin Rises to $123,000, Signaling a Potential Healthy Correction

Analysis: Profit-Taking Surges After Bitcoin Rises to $123,000, Signaling a Potential Healthy Correction

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金色财经金色财经2025/07/14 16:29

According to a report by Jinse Finance, CryptoQuant analyst Tarek J stated on social media that based on Bitcoin exchange net flow data, there has been a surge in profit-taking after Bitcoin reached a high of $123,000. This trend typically signals the formation of a local top and may lead to a healthy correction or consolidation in the coming days.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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