Cryptoquant data reveals bitcoin is undergoing its third significant profit-taking wave of the 2023–2025 bull market, typically followed by a consolidation phase before new highs. Post-Profit Consolidation Expected for Bitcoin, Ethereum According to a Cryptoquant Institutional Insights report, this wave emerged after bitcoin ( BTC) surpassed $120,000 in late July 2025. It mirrors prior profit-taking […]
Source: https://news.bitcoin.com/cryptoquant-third-profit-taking-wave-mirrors-past-cycles-hints-at-future-breakout/