CoinScoopCryptoQuant Warns of Potential Bitcoin Pullback Amid Record Short-Term Profit Taking
CryptoQuant reports that Bitcoin's short-term unrealized profit margin has reached a 21-month high, with 25,700 BTC in profit realized on September 22 alone. Analysts suggest that cooling spot demand and increased exchange inflows for altcoins indicate a high probability of a short-term market correction, with key support levels identified at $80,000, $71,000, and $67,000.
Summaries are written by AI from the original article. Not investment advice.