Santiment Reports Bitcoin Volume Spikes Indicate Optimal Buy and Sell Points

On-chain analytics firm Santiment identified two major spikes in Bitcoin trading volume, indicating potential buy and sell signals. These spikes reflect significant market activity on centralized exchanges.

Key Points

  • The first spike occurred in early April, with $84.08 billion traded, coinciding with a price dip due to tariffs.
  • The second spike, earlier this month, reached $90.90 billion during Bitcoin's all-time high above $124,000.
  • High trading volume suggests increased interest and can correlate with market volatility.
  • Current Bitcoin trading volume is at $66 billion, lower than previous spikes.
  • Bitcoin's recent price is $113,000, amid ongoing bearish momentum.

Bitcoin Volume
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