Darkfost

BTC buying pressure and bullish sentiment are back on Binance : Is a new all time high loading ?

Following Trumpโ€™s inauguration, Bitcoin experienced a sell-off, driven by the absence of any mention of crypto or Bitcoin during his speech. The net taker volume on Binance turned highly negative within a few hours, signaling a shift in investor sentiment toward short-term pessimism. However, today, the sentiment has shifted once again, turning optimistic as Binance's net taker volume flipped back to positive just before the U.S. market opened. This indicates that buying pressure is now dominating. If this trend continues, Bitcoin could potentially break its all-time high in the short term.