Bitcoin’s 24% Rally Hit a Wall: CryptoQuant Reveals What Comes Next
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Bitcoin’s roughly 24% rally has stalled as selling pressure and profit-taking emerge near resistance, according to CryptoQuant. On-chain indicators suggest short-term holders are distributing while momentum and demand have weakened, raising the risk of consolidation or a pullback rather than an immediate continuation higher. Bitcoin’s near-term direction will depend on renewed spot demand and whether selling pressure is absorbed at current levels.
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