Bitcoin saw increased exchange inflows after reaching $123,000, signaling short-term profit-taking, according to CryptoQuant’s Tarekonchain. While a brief correction may follow, long-term holders remain steady, ETF inflows continue, and overall bullish momentum persists.
Bitcoin sees profit-taking after hitting $123K
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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