Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Bitcoin 2025 Conference Concludes on Thursday: Key Takeaway Points from High-profile Speakers

May 28, 2025

XRP Marks Another Milestone As Dubai Brings $16 Billion In Real Estate Company To The Blockchain – Details

May 28, 2025

SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation

May 28, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Start Selling Bitcoin When This Happens, This Quant Says

0
By Aggregated - see source on April 1, 2024 Bitcoin
Share
Facebook Twitter LinkedIn Pinterest Email

A quant has explained that the past pattern in the Bitcoin taker buy-sell ratio metric may suggest the best window to start selling the asset.

Bitcoin Taker Buy Sell Ratio May Reveal Selling Opportunities

In a CryptoQuant Quicktake post, an analyst discussed the trend in the Bitcoin “taker buy sell ratio.” This indicator keeps track of the ratio between the Bitcoin taker buy and taker sell volumes.

When the value of this metric is greater than 1, the investors are willing to purchase coins at a higher price right now. Such a trend implies a bullish sentiment is the dominant force in the market.

On the other hand, the indicator being under the mark suggests the selling pressure may be higher than the current buying pressure in the sector. As such, the majority may share a bearish mentality.

Now, here is a chart that shows the trend in the 30-day moving average (MA) Bitcoin taker buy-sell ratio over the last few years:

The 30-day MA value of the metric appears to have been going down in recent days | Source: CryptoQuant

As the above graph shows, the 30-day MA Bitcoin taker buy-sell ratio has recently fallen below the 1 level. The quant has highlighted in the chart the region of the metric where the bull run peaks in 2021 formed.

The indicator would appear to dip below 0.97 during both the heights registered in that bull run. According to the analyst, such indicator values suggest the euphoria phase of the market where the smart money starts to sell. Still, the prices continue to hold on as the retail investors continue to FOMO into the asset.

So far, the indicator has approached the 0.98 level in its latest decline, implying that it’s not yet at the levels where the possibility of a top might become significant if the pattern of the previous bull run is anything to go by.

The Bitcoin taker buy sell ratio may also be used as a buying signal, with the 1.02 level being an important level. The quant notes, however, that the metric is better at showing an overbought market than it is for pinpointing oversold conditions.

In other news, as an analyst pointed out in a post on X, all the Bitcoin investor groups have accumulated a net amount of 95,000 BTC ($6.5 billion at the current exchange rate) over the past month.

Bitcoin Accumulation

The trend in the monthly balance change for all BTC cohorts | Source: @jvs_btc on X

This rapid accumulation suggests that the Bitcoin investor groups have been buying up significantly more than the miners have produced. The chart shows that an accumulation streak of similar levels followed the recent rally in the asset, so this latest one can also be bullish for the asset.

BTC Price

At the time of writing, Bitcoin is trading at around $68,600, up more than 3% over the past week.

Bitcoin Price Chart

Looks like the price of the coin has registered a sharp drop in the past 24 hours | Source: BTCUSD on TradingView

Featured image from iStock.com, Glassnode.com, CryptoQuant.com, chart from TradingView.com

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.



Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin 2025 Conference Concludes on Thursday: Key Takeaway Points from High-profile Speakers

May 28, 2025

XRP Marks Another Milestone As Dubai Brings $16 Billion In Real Estate Company To The Blockchain – Details

May 28, 2025

Top Crypto Predictions for June 2025: TON, SPX, PI, KAS, XDC

May 28, 2025
Leave A Reply Cancel Reply

What's New Here!

Bitcoin 2025 Conference Concludes on Thursday: Key Takeaway Points from High-profile Speakers

May 28, 2025

XRP Marks Another Milestone As Dubai Brings $16 Billion In Real Estate Company To The Blockchain – Details

May 28, 2025

SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation

May 28, 2025

Top Crypto Predictions for June 2025: TON, SPX, PI, KAS, XDC

May 28, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.