The buying volume of Takers on Binance is the total amount of buy transactions executed by "takers" on the exchange. Takers buy at the current price in the order book, utilizing available liquidity. An increase in this indicator suggests that investor interest is rising and buying pressure is strengthening.
Analysis
In the past 60 days, the buying volume of Takers on Binance has formed higher lows. This indicates that investor interest is increasing and buying pressure is strong.
Although the market may be overheated and undergoing a correction, the continuous increase in the buying volume of Takers suggests that the price of Bitcoin may rise in the coming days.
