9 February 2025
Updated 10 February
Updated 10 February
1 0
Bitcoin Taker Buy/Sell Ratio Surges on Exchanges Amid Price Struggles
The price of Bitcoin has struggled in 2025, with a brief surge above $108,000 in January followed by significant corrections. Recently, Bitcoin dropped to around $92,000 after new trade tariffs were announced by US President Donald Trump but later rebounded to approximately $96,500.
Increased Buying Activity on Exchanges
- Analyst Ali Martinez reported rising buying activity on centralized exchanges HTX and BitMEX.
- The taker buy/sell ratio indicates bullish sentiment when above one; it was around 5.7 on BitMEX and peaked at 16 on HTX before dropping to 0.4.
- This suggests increased investor interest despite current price stagnation.
The current market sentiment is negative, which historically has not precluded price increases. Martinez indicated that this might present a potential buying opportunity for investors.