Significant Events:
- January 2023: A large spike in the taker buy/sell ratio correlates with
the beginning of an upward trend in the Bitcoin price.
- May 2023: Another spike is observed, followed by a significant price
increase, indicating that aggressive buying activity likely contributed
to the upward price movement.
- August 2023: A similar pattern is seen, where a spike in the taker
buy/sell ratio precedes a price increase.
- June 2024: The most recent spike in the taker buy/sell ratio is
accompanied by a corresponding increase in the Bitcoin price,
suggesting continued aggressive buying behavior.
Written by Amr Taha
