Bitcoin Powers to $112K, But On-Chain Metrics Warn of Potential Pause: CryptoQuant 📈
Bitcoin's price surge to an all-time high of $112,000 has sparked enthusiasm among bullish investors. However, data insights from CryptoQuant have raised concerns about a possible cooling period. The Bull Score Index, currently at 80, indicates optimism, but decreasing whale inflows and increasing unrealized profit margins suggest potential consolidation risks as the price approaches the $120,000 mark.
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