Bitcoin recently hit a new all-time high after a significant recovery from April lows.
Bitfinex Alpha report suggests traders are starting to take profits, signaling a potential end to BTC's seven-week green streak.
Increased trade tensions due to proposed U.S. tariffs triggered a slight BTC correction, leading to a possibility of further downside.
Short-term holders have been realizing profits as BTC's rapid price appreciation continues, indicating a market consolidation phase may be on the horizon.