Bitcoin Investors Are Back In The Market—Why A Momentum-Driven Rally May Be Near
Over the previous week, the price of Bitcoin managed to place in one in all its higher performances within the final one month. After ending August and beginning September beneath the psychological $110,000 stage, the premier cryptocurrency returned to above $115,000.
While the Bitcoin value has considerably slowed down heading into the weekend, optimism is rising across the market about the opportunity of a contemporary rally. Interestingly, the newest on-chain information factors to the elevated risk of a “momentum-driven rally” for the Bitcoin value.
Binance Taker Buy Sell Ratio Remains Positive For 3 Days
In a September 12 put up on the X platform, crypto analyst Burak Kesmeci shared an thrilling on-chain perspective to help the rising bullish narrative across the Bitcoin value. According to the net pundit, the Taker Buy Sell Ratio on the world’s largest crypto alternate, Binance, has endured within the constructive territory for 3 days.
The Taker Buy Sell Ratio is an on-chain metric that compares the proportion of the taker purchase volumes to the taker promote volumes on crypto exchanges. A greater-than-one value of this metric often implies that the taker purchase quantity is increased than the taker promote quantity on an alternate (Binance, on this case). This development means that extra merchants are prepared to amass cash at a better worth on the buying and selling platform.
On the opposite hand, when the Taker Buy Sell ratio is beneath 1, it signifies that the taker promote quantity is larger than the taker purchase quantity within the alternate. Ultimately, this worth means that extra sellers are prepared to promote cash at a lower cost within the open market.
According to CryptoQuant information supplied by Kesmeci, the Binance Taker Buy Sell ratio has been above the 1 threshold over the previous three days. This metric, sitting round 1.04, suggests a rising bullish momentum and rising investor confidence out there.
What’s extra, the metric’s native peaks are round 1.15 in 2025, that means that the investor sentiment shouldn’t be overheated but and will see additional rise from its present level. In this case, Kesmeci concluded that the constructive investor sentiment on the world’s largest crypto alternate by buying and selling quantity might set the stage for a momentum-driven uptrend for the Bitcoin value.
Bitcoin Price At A Glance
As of this writing, the value of BTC stands at round $115,900, reflecting no vital motion previously 24 hours.
