Bitget App
Trade smarter
Analysis: Profit-Taking Surges After Bitcoin Rises to $123,000, Signaling a Potential Healthy Correction
View original
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.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
BNB surpasses $750
金色财经•2025/08/03 16:52
Data: If ETH falls below $3,316, total long liquidations on major CEXs will reach $1.835 billion
Chaincatcher•2025/08/03 16:03
Overview of Key Developments on the Evening of August 3
金色财经•2025/08/03 16:02
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$114,056.57
+0.69%
Ethereum
ETH
$3,492.33
+0.47%
XRP
XRP
$2.91
+2.22%
Tether USDt
USDT
$1.0000
+0.04%
BNB
BNB
$751.3
+0.35%
Solana
SOL
$162.25
+0.25%
USDC
USDC
$1.0000
+0.01%
TRON
TRX
$0.3259
+1.34%
Dogecoin
DOGE
$0.1996
+1.44%
Cardano
ADA
$0.7269
+3.37%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now