The bullish feeling could return to Bitcoin as a key metric in Binance, the greatest exchange of crypto in the volume of negotiation, shows that buyers are starting to dominate the volumes of the platform.
The Binance purchase sales ratio, which calculates the Bitcoin sellers’ buyers ratio (BTC) in Binance, “returned to neutral territory,” said Darkfost, cryptocurrency contributor, in a post of April 15.
The bitcoin bullish momentum is “resuming”
The ratio is currently 1.008. When the report is greater than 1, buyers – generally an indicator of bullish feeling – dominate the volumes, conversely, a ratio less than 1 indicates that the sellers or the downward feeling dominate.
Bitcoin is traded at $ 83,810 at the time of publication. Source: Coinmarketcap
Bitcoin is negotiated at $ 83,810 at the time of publication, down 1.47% in the last seven days, according to CoinmarketCap data.
“In the past few days, the ratio has been mainly positive, which suggests that the bullish feeling resumes in the Binance derivative market,” said Darkfost. On April 14, when Bitcoin was more than $ 86,000, the ratio was greater than 1.1.
Coinglass data show that if Bitcoin recovers $ 85,000, nearly $ 637 million in short -term stations will be at risk of liquidation. Several key market indicators suggest that investors continue to promote bitcoin compared to altcoins.
The Altcoin season of CoinmarketCap season is currently at 15 out of 100, indicating that it is still very “Bitcoin season”. The Bitcoin Dominance Table of TradingView shows that the market share of the assets is 63.81%, up 9.82% so far this year.
Bitcoin domination has increased by 9.88% since the beginning of 2025. Source: Tradingview
Overall, cryptography market players always seem to be hesitant. The Crypto Fear & Greed index shows that the overall feeling of the market on April 16 is in “fear” with a score of 29 out of 100.
Some analysts, including Defidaniel, have said that the recent Bitcoin price action is “so boring”.
However, Cointelegraph reported earlier than the apparent demand for Bitcoin is on a recovery path, but it is not yet positive. Historically, the apparent 30 -day demand can move laterally for an extended period after Bitcoin reaches a local background, which leads to its price to chop laterally.
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Analysts have different opinions on the place where Bitcoin will go next.
Real Vision Crypto Real Vision, Jamie Coutts, told Cintelegraph at the end of March that “the market could underestimate the speed with which Bitcoin could increase – potentially reaching new heights of all time before the release of the second quarter.”
Anchorwatch CEO Rob Hamilton, said in a post of April 15 that the Bitcoin price “is stable for the day because we are in an epic tug between people who sell Bitcoin to pay their taxes and people using their reimbursements to buy Bitcoin.” The tax deadline in the United States was April 15.
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This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
