Profit-Taking and Sluggish Liquidity Point to Bitcoin Consolidation: Cryptoquant

Bitcoin is settling into a bullish cooldown phase after touching a record $123,000, according to a new analysis from Cryptoquant. Bull Score Dip Marks Cooling Phase for Bitcoin Bitcoin’s rapid climb has paused after hitting an all-time high of $123,000, entering what Cryptoquant’s Institutional Insights report calls a “bullish cooldown” phase. The firm’s Bull Score