Bitcoin Rebounds, but Profit-Taking Risks Also on the Rise, According to CryptoQuant

Traders' Average Acquisition Price Becomes a Resistance Line

Crypto asset analysis firm CryptoQuant released its weekly market report on the 15th. While Bitcoin (BTC) has been rising, there has been an increase in capital inflows to exchanges, which has heightened the risk of profit-taking.

The price of Bitcoin has risen above $76,000, supported by last month's undervaluation, a temporary de-escalation in the US-Iran conflict, and a weakening US dollar. This is the highest price since February 4, 2026.

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