According to BlockBeats, on December 27, CryptoQuant analyst Burrakesmeci stated in an analysis article that since October 28, the buying volume of Bitcoin on the Binance platform has formed a higher low.
Takers are essentially buyers who accept the best current price offered by the market. An increase in this indicator indicates increased investor interest and rising buying pressure.
"While the market may be overheated and undergoing a correction, the continued rise in taker buying suggests that Bitcoin prices may rise in the coming days," Burrakesmeci said. (Cointelegraph)
