Bitcoin Rally Pauses Amid Profit-Taking and Cooling Demand, CryptoQuant Says

Bitcoin's recent rally has stalled as short-term traders take profits, according to a report by CryptoQuant. While the asset remains in a bull market after crossing its 365-day moving average, it has seen a price decline of nearly 4% over the past week following an eight-month high of $87,251. The firm noted that holders realized 25.7K BTC in profit last week, the highest single-day volume of 2026. Analysts identified support levels at approximately $80,000, $71,000, and $67,000, suggesting a potential near-term correction could serve as healthy consolidation.