CryptoQuant: The bitcoin market may face significant selling pressure in the short term
According to a report by Jinse Finance, a chart released by CryptoQuant.com shows that the 30-day moving average of Bitcoin (BTC) Taker Buy/Sell Ratio has dropped to its lowest level since May 2018; "A significant decline in the 30-day moving average of the Taker Buy/Sell Ratio is a warning signal, indicating that the Bitcoin market may face significant selling pressure in the short term."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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