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TechFlow news, August 27 — According to the latest report from on-chain data analysis platform CryptoQuant, Bitcoin's 30-day moving average taker buy/sell ratio has dropped to its lowest level since May 2018. Analyst CryptoOnchain warned that this sharp decline indicates significant selling pressure may face the Bitcoin market in the short term.
According to a recent report by on-chain data analysis platform CryptoQuant, Bitcoin's 30-day moving average taker buy/sell ratio has dropped to its lowest level since May 2018. Analyst CryptoOnchain warned that this significant decline indicates the Bitcoin market may face substantial selling pressure in the short term.
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