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Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal


Chayanika Deka
для CryptoPotato
Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal

After dipping to around $109,000 over the weekend, Bitcoin (BTC) bounced to trade above $114,000 this week, as investors remain cautiously upbeat heading into October, which happens to be a historically favorable month for the cryptocurrency.

But a sharp drop in Taker Buy Volume could leave the market vulnerable to sudden corrections despite apparent stability.

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Bitcoin Price Analysis: One Last Hurdle RemainsBefore BTC Hits New ATH

Bitcoin Price Analysis: One Last Hurdle RemainsBefore BTC Hits New ATH

Bitcoin has shifted out of its “trapped between MAs and resistance” phase into a conf...
Wall Street hit record highs with the S&P 500 above 6,700

Wall Street hit record highs with the S&P 500 above 6,700

Wall Street is running hotter than ever while the federal government sits locked in a...

Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal


Chayanika Deka
для CryptoPotato
Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal

After dipping to around $109,000 over the weekend, Bitcoin (BTC) bounced to trade above $114,000 this week, as investors remain cautiously upbeat heading into October, which happens to be a historically favorable month for the cryptocurrency.

But a sharp drop in Taker Buy Volume could leave the market vulnerable to sudden corrections despite apparent stability.

Читать материал на CryptoPotato

Читать больше

Bitcoin Price Analysis: One Last Hurdle RemainsBefore BTC Hits New ATH

Bitcoin Price Analysis: One Last Hurdle RemainsBefore BTC Hits New ATH

Bitcoin has shifted out of its “trapped between MAs and resistance” phase into a conf...
Wall Street hit record highs with the S&P 500 above 6,700

Wall Street hit record highs with the S&P 500 above 6,700

Wall Street is running hotter than ever while the federal government sits locked in a...