#MarketPullback $BTC : Profit-taking halts the bullish rally 📉
The market of #BTC☀️ shows a breather after a strong bullish impulse, with a correction of 8% in the BTC/USD pair. What is happening?
🔍 Key analysis points:
- Investors are taking profits, bringing the price below recent all-time highs.
- According to @CryptoQuant, the demand for #BTC may be reaching a temporary ceiling, similar to what was seen in December 2024.
- Is it just a pause before new highs? On-chain data suggests a cooling in the short term.
📊 Levels to watch:
- Key support: Will the price hold above $103K?
- Resistance: Will it resume the path towards $110K?
🤔 What do you think? Is it time to accumulate or wait for more signals? Comment with #Binance!
#Crypto #Trading #Blockchain
*(Source: Cointelegraph Markets Pro & TradingView)*
Note: This post is for informational purposes only, not financial advice. Do your own research before investing. 🚀