Bitcoin’s price has been relatively stable lately, hovering around $84,000. While it briefly touched $87,000 a couple of days ago, it hasn’t made any huge moves recently. This is interesting, considering the US stock market’s recent slump after President Trump announced new tariffs. It suggests Bitcoin might be becoming less tied to traditional markets.
A Look Under the Hood: Taker Buy Volume
But here’s where things get interesting. A crypto analyst, Maartunn, noticed a significant jump in something called “Taker Buy Volume.” What’s that? Think of it as the total amount of Bitcoin bought by people placing immediate market orders (takers) on exchanges. These aren’t people setting limit orders and waiting for the price to hit their target; these are people buying Bitcoin right now at the current market price.
This Taker Buy Volume recently crossed a major milestone, exceeding 101.18 million BTC. Historically, big spikes in this metric have often been followed by Bitcoin price increases.
The Bullish Outlook
Maartunn believes this could signal a potential Bitcoin price surge. He suggests keeping a close eye on the price over the next few days. While Bitcoin’s recent performance hasn’t been spectacular, this surge in buying activity might be a sign that things are about to change. Could we be on the verge of a Bitcoin price bounce? Only time will tell.
