"Bitcoin's Bull Cycle Continues Despite 15% Profit-Taking Correction: CryptoQuant Analysis"

Bitcoin experienced a 15% correction from its all-time high of $73,700 as miners, whales, and large investors sold their BTC to realize profits, leading to an overheated-bull phase flagged by the Bull-Bear Market Cycle Indicator. Despite the correction, analysts at CryptoQuant believe the bull cycle is not over, citing valuation metrics and investment flows that are not yet at levels consistent with past market tops. Large short-term holders' cost basis is at the $58,000-$60,000 level, and around 48% of Bitcoin investments currently come from short-term holders, indicating that the bull cycle top has not been reached.