PANews reported on August 27 that CryptoQuant analyst CryptoOnchain pointed out that BTC's 30-day moving average Taker Buy-Sell Ratio fell to its lowest level since May 2018. The sharp drop in the ratio indicates that the Bitcoin market may face huge selling pressure in the short term.PANews reported on August 27 that CryptoQuant analyst CryptoOnchain pointed out that BTC's 30-day moving average Taker Buy-Sell Ratio fell to its lowest level since May 2018. The sharp drop in the ratio indicates that the Bitcoin market may face huge selling pressure in the short term.
CryptoQuant: BTC's 30-day moving average taker buy/sell ratio has dropped sharply, which may indicate huge selling pressure in the short term.
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PANews reported on August 27 that CryptoQuant analyst CryptoOnchain pointed out that BTC's 30-day moving average Taker Buy-Sell Ratio fell to its lowest level since May 2018. The sharp drop in the ratio indicates that the Bitcoin market may face huge selling pressure in the short term.
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