Bitcoin is under significant selling pressure as daily profit-taking reaches $1.47 billion, according to analytics platform Glassnode. The cryptocurrency, which recently hit a new all-time high, is at a critical juncture with potential for either consolidation or a broader market top. Key selling pressure is from holders who bought Bitcoin in the $25,000 – $31,000 and $60,000 – $73,000 ranges. Glassnode highlights short-term correction risks, with support zones at $103,700 and $95,600. Bitcoin is currently trading at $105,007.