Bitcoin's 30-day moving average Taker Buy-Sell Ratio has plummeted to its lowest point since May 2018, according to CryptoQuant analyst CryptoOnchain. This significant decline suggests that the Bitcoin market could experience substantial selling pressure in the near term. The Taker Buy-Sell Ratio is a key indicator used to assess market sentiment, with a lower ratio often indicating increased selling activity.
Bitcoin's Taker Buy-Sell Ratio Hits Lowest Since 2018, Signaling Potential Selling Pressure
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