Cryptoquant: Third Profit-Taking Wave Mirrors Past Cycles, Hints at Future Breakout
Main Idea
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Description
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
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