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CryptoQuant Analyst: Bitcoin Soars to $123,000, Profit-Taking Spike Follows, Potentially Signaling a Healthy Correction

By: theblockbeats.news|2025/07/14 15:42:05

BlockBeats News, July 14th, CryptoQuant analyst Tarek J posted on social media stating that based on Bitcoin exchange net flow data, Bitcoin saw a surge in profit-taking after reaching a $123,000 high. This trend usually suggests the formation of a local top and may trigger a healthy pullback or consolidation in the coming days.

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AguilaTrades, a giant whale, currently has a floating profit of $33.93 million on its BTC long position

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