Bitcoin short-term holders ‘cooled off’ profit-taking as price sticks to $115K

Profit-taking among Bitcoin short-term holders has decreased as prices hover around $114,766. Despite a slight drop from recent highs, the market remains balanced with healthy profit levels, marking cautious yet optimistic investor sentiment.

Analysts, including Tom Lee from Fundstrat, predict Bitcoin could reach up to 250,000 USD by 2025. The current trend takes into account the recent volatility but reflects a potential bullish outlook for the remainder of the year.

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