The price of Bitcoin (BTC) has been fluctuating recently but has been on the rise, leading several altcoins to experience a surge in value, with some doubling or tripling. Liquidity is low and there is potential for decentralized exchanges to attract attention in the upcoming bull season. Despite the continued increase of Bitcoin prices, data reveals that profit-taking from cold wallets has been increasing. This combined with buy orders for 13.7 million tokens being available for sale could potentially lead to a minor price correction. Should the price of Bitcoin test $30,900, it is possible for a more significant drop to the $0.5 level. In light of this news, investors should remain cautious and be aware of increasing profit-taking transactions.



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