Analysts: Continued growth in buying orders indicates that Bitcoin may rebound in the coming days
2024-12-27 14:06:38
On December 27, CryptoQuant analyst Burrakesmeci said in an analysis article that since October 28, the bitcoin buying volume on the Binance platform has formed a higher low.
Takers are essentially buyers who accept the best instant price offered by the market. The growth of this indicator indicates increased investor interest and increased buying pressure.
While the market may have overheated and is going through a correction, the continued rise in buying indicates that the price of bitcoin may rise in the coming days. Burrakesmeci said.