According to ChainCatcher news, the latest report from the on-chain data analysis platform CryptoQuant shows that the 30-day moving average Taker buy/sell ratio of Bitcoin has fallen to its lowest level since May 2018. Analyst CryptoOnchain warns that the significant drop in this indicator suggests that the Bitcoin market may face substantial dumping pressure in the short term.
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CryptoQuant: Bitcoin Taker ratio hits a 7-year low, may face short-term dumping pressure.
According to ChainCatcher news, the latest report from the on-chain data analysis platform CryptoQuant shows that the 30-day moving average Taker buy/sell ratio of Bitcoin has fallen to its lowest level since May 2018. Analyst CryptoOnchain warns that the significant drop in this indicator suggests that the Bitcoin market may face substantial dumping pressure in the short term.