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Bitcoin Taker Sell Volume Plunges: Is BTC Gearing Up for a Major Rebound?

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Bitcoin Taker Sell Volume Plunges: Is BTC Gearing Up for a Major Rebound? - NewsBTC

Quick Summary:

Related Reading: Bitcoin Sudden Breakdown: Price Falls Below $100,000 Support Under these conditions, Avocado highlighted that Bitcoin may face an extended consolidation period before resuming its upward climb.

Kesmeci recently highlighted intriguing trends in Bitcoin’s trading volume on Binance, suggesting that current selling pressure may be “easing.” Related Reading: Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?

Taker Sell Volume Shows Signs of Stabilization Kesmeci’s analysis focuses on the Taker Sell Volume metric on Binance, which has shown a noticeable uptick in recent sessions.


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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 20:00:33 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 82 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25535736

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/bitcoin-taker-sell-volume-plunges-17380086061531

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