NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

Start Selling Bitcoin When This Happens, This Quant Says

Keshav Verma
Keshav Verma
Last Updated: June 11, 2024 7:10 am
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

A quant has explained that the past pattern in the Bitcoin taker buy-sell ratio metric may suggest the best window to start selling the asset.

Bitcoin Taker Buy Sell Ratio May Reveal Selling Opportunities

In a CryptoQuant Quicktake post, an analyst discussed the trend in the Bitcoin “taker buy sell ratio.” This indicator keeps track of the ratio between the Bitcoin taker buy and taker sell volumes.

When the value of this metric is greater than 1, the investors are willing to purchase coins at a higher price right now. Such a trend implies a bullish sentiment is the dominant force in the market.

Related Reading

Dogecoin

Traders Not Showing Dogecoin FOMO, Good Sign For Rally?

1 year ago

On the other hand, the indicator being under the mark suggests the selling pressure may be higher than the current buying pressure in the sector. As such, the majority may share a bearish mentality.

Now, here is a chart that shows the trend in the 30-day moving average (MA) Bitcoin taker buy-sell ratio over the last few years:

Bitcoin Taker Buy Sell Ratio

The 30-day MA value of the metric appears to have been going down in recent days | Source: CryptoQuant

As the above graph shows, the 30-day MA Bitcoin taker buy-sell ratio has recently fallen below the 1 level. The quant has highlighted in the chart the region of the metric where the bull run peaks in 2021 formed.

The indicator would appear to dip below 0.97 during both the heights registered in that bull run. According to the analyst, such indicator values suggest the euphoria phase of the market where the smart money starts to sell. Still, the prices continue to hold on as the retail investors continue to FOMO into the asset.

So far, the indicator has approached the 0.98 level in its latest decline, implying that it’s not yet at the levels where the possibility of a top might become significant if the pattern of the previous bull run is anything to go by.

The Bitcoin taker buy sell ratio may also be used as a buying signal, with the 1.02 level being an important level. The quant notes, however, that the metric is better at showing an overbought market than it is for pinpointing oversold conditions.

Related Reading

Bitcoin

What’s A Simple Strategy For Buying & Selling Bitcoin? This Analyst Answers

1 year ago

In other news, as an analyst pointed out in a post on X, all the Bitcoin investor groups have accumulated a net amount of 95,000 BTC ($6.5 billion at the current exchange rate) over the past month.

Bitcoin Accumulation

The trend in the monthly balance change for all BTC cohorts | Source: @jvs_btc on X

This rapid accumulation suggests that the Bitcoin investor groups have been buying up significantly more than the miners have produced. The chart shows that an accumulation streak of similar levels followed the recent rally in the asset, so this latest one can also be bullish for the asset.

BTC Price

At the time of writing, Bitcoin is trading at around $68,600, up more than 3% over the past week.

Bitcoin Price Chart

Looks like the price of the coin has registered a sharp drop in the past 24 hours | Source: BTCUSD on TradingView
Featured image from iStock.com, Glassnode.com, CryptoQuant.com, chart from TradingView.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

cathie-wood-ark-55m-coinbase-bitmine-bitcoin-hyper

女神股逆風加倉!木頭姐方舟基金斥 $5,500 萬美元 大舉敲進 Coinbase、BitMine 等加密概念股

加密市場在 2025 年下半年走得不算舒服:比特幣價格先在10月衝高、隨後回檔,連帶把「跟幣價高度連動」的加密概念股一起拖下水。交易所、礦企、甚至主打「加密基礎設施」的股票,波動往往比幣更誇張。最殘酷...

Ada Chui 2 hours ago
Ethereum

Why Ethereum Is Chosen As A Settlement Layer For New Money Market Fund

In a significant milestone for the evolution of on-chain finance, a new money market fund has selected Ethereum as its...

Godspower Owie 3 hours ago
europe-high-stakes-poker-nik-airball-alan-keating-tom-dwan-strategy

歐洲區德州撲克牌桌上3巨星:Nik Airball、Alan Keating與Tom Dwan的高額桌策略

在現代撲克世界中,除了專注GTO與數學模型的職業牌手,還存在一類極具影響力的角色,被視為撲克娛樂生態的核心推動者。他們未必追求理論最優解,但憑藉巨大資金波動、鮮明個性與反常規打法,成為撲克直播節目的流...

newsbtc 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP, avalanche, Solana, Monero, SUI, pump.fun, chainlink

XRP Price Must Defend This Level To Avoid 50% Breakdown, Analyst Warns

Rubmar Garcia 28 minutes ago
Aave

SEC Wraps Up Investigation Into Aave Protocol, Confirms CEO Stani Kulechov

Ronaldo Marquez 1 hour ago
Bitcoin & Ethereum

Bitcoin, Ethereum Plunge Triggers Near-$600 Million Crypto Long Flush

Keshav Verma 2 hours ago

Premium Sponsors

Press Releases

  • Maxi Doge FTR

    仮想通貨 1000倍...

    15 hours ago
  • HyperFTRD

    ico 仮想通貨市場で注目再燃:Bitcoin...

    15 hours ago
  • 仮想通貨 1000倍候補?Bitcoin Hyperが専門家に「爆発的成長」を予想される理由とは

    仮想通貨...

    15 hours ago
  • BTC

    ...

    15 hours ago
  • ドージコイン 今後の価格動向:DOGEは下落基調を続けるのか(2025年12月16日)

    ドージコイン...

    16 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.