Bitcoin Taker Buy Ratio Signals Peak Bearish Sentiment — Relief Soon?

The price of Bitcoin experienced one of the most bearish periods in its history over the past week, losing one crucial technical level after the other. According to data, the cryptocurrency market has seen $1 trillion worth of capital flow out since mid-January. With no doubt about the emergence of the bear season, investors are now approaching the market with greater skepticism and caution. One of the on-chain metrics highlighting this shift in behavior is the Bitcoin taker buy ratio, which has fallen to new lows source: https://www.newsbtc.com/news/bitcoin/bitcoin-taker-buy-ratio-signals-peak-bearish-sentiment/