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Bitcoin has cemented its dominance in the crypto market with a stellar Q2 performance, achieving a record quarterly closing price. Analysts remain bullish, but warning signs of profit-taking and weakening demand loom.
- Bitcoin achieved a record quarterly closing price of ~$107,500 in Q2, marking a 30% gain.
- Negative exchange netflows indicate investors are moving BTC to self-custody, reducing selling pressure.
- Spot BTC ETFs have attracted billions in inflows, reflecting strong institutional confidence.
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