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

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.