CryptoQuant analyst Tarek J. suggests Bitcoin (BTC) may experience a healthy correction or sideways movement in the short term. His analysis points to increased profit-taking since BTC exceeded $73,000. Examining exchange net inflow data, Tarek J. observed a significant surge in profit-taking activity. This typically indicates that investors are selling their holdings to secure profits after a price increase. The increased selling pressure can then lead to a price correction as supply exceeds demand. While a correction might seem negative, it can actually be a healthy development. It allows the market to cool down and consolidate before potentially resuming its upward trend. Sideways movement, on the other hand, implies price consolidation within a range, indicating indecision among buyers and sellers. In conclusion, expect Bitcoin volatility as the market digests recent gains. ```

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