Analyst: Continued growth in take-buy volume indicates Bitcoin may rebound in the coming days
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2024-12-27 14:32 1,318
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According to news on December 27, CryptoQuant analyst Burrakesmeci said in an analysis article that since October 28, the volume of Bitcoin takers and buys on the Binance platform has formed a higher low.
Takers are essentially buyers who accept the best immediate price the market has to offer. Growth in this indicator indicates increased investor interest and rising buying pressure.
While the market may be overheated and undergoing a correction, the continued rise in taker buying volume suggests that Bitcoin’s price may rise in the coming days. Burrakesmeci said.