Bitcoin did not show any dangerous momentum so far in 2025, as well as exceeding the level of $ 108,000 for a short period in mid -January. On the contrary, the leading cryptocurrency has suffered from some important corrections over the past few weeks.
The last BTC price declined significantly about $ 92,000 after US President Donald Trump presented a new trade tariff in Canada, Mexico and China earlier this week. While the price of Bitcoin quickly exceeds $ 100,000, he has since fought to keep any upscale momentum – currently trading about 96,500 dollars.
HTX and Bitmex users download their Bitcoin bags – what we know
The prominent encrypted analyst Ali Martinez moved to the X platform Involve Some central exchanges have witnessed an increase in the purchase activity. This observation depends on the series on changes in the “purchase/sale rate”, which measures the sales folders and you are available to sell for a specific origin (Bitcoin, in this case).
For clarification, the size of Taker’s purchase is higher than the Taker’s sale volume when the value/selling percentage of Taker is greater than one. This scenario is usually bullied, as it indicates investors’ willingness to pay a higher price for a specific encrypted currency (Bitcoin).
On the contrary, a value less than one indicates the purchase/sale percentage of Taker that more sellers are ready to give up their assets at a lower price. This phenomenon means that the sellers exceed the buyers, indicating a declining investor feeling in a specific encryption market.
According to Martinez’s Post on X, the Bitcoin Taker purchase/sale/sale of HTX and Bitmex exchanges a remarkable rise on Saturday, February 8. The encrypted data indicates that the scale has risen to about 5.7 on the Bitmex platform in the late hours of the day.
Likewise, the Bitcoin Taker purchase/sale/sale/sale rate increased to 16 in Excination HTX on Saturday before it collapsed later about 0.4. However, these data on the chain indicates an increase in the purchase of activity on central trading platforms.
The new purchase activity on the exchange of encryption can be bullish for the Bitcoin price, which lacks the bite needed to maintain any upward movement. From writing these lines, the value of the first cryptocurrency is estimated at about $ 96,700, which reflects any significant change in prices during the past 24 hours.
Is it time to buy BTC?
In a separate post on X, Martinez Proposal It may be time for investors to return to the BTC market. The logical basis behind this proposal depends on what the encryption crowd feels at the present time.
Modern data on the chain shows that the morale of the crowd towards bitcoin is negative at the present time. However, it is known that the prices are moving in the opposite direction of the crowd several times in the past.
Comments are closed, but trackbacks and pingbacks are open.