The price of Bitcoin has not shown a serious momentum so far in 2025, except for the level of $ 108,000 in mid -January briefly surpassed. On the contrary, the Cryptocurrency flagship has suffered some important corrections in recent weeks.
In the most recent pullback, the BTC price saw hard to $ 92,000 after US President Donald Trump had introduced new trading rates earlier this week in Canada, Mexico and China. Although the Bitcoin price quickly recovered more than $ 100,000, it has been struggling since then to keep a bullish momentum – currently around $ 96,500.
HTX and Bitmex users load their bitcoin tasses – what we know
Prominent crypto analyst Ali Martinez went to the X platform part That certain centralized stock markets have witnessed an increased purchase activity. This observation on the chain is based on changes in the “Taker Buy/Sell Ratio”, which the Taker Buy and Taker Sales Volumes for a certain active (Bitcoin, in this case).
For the sake of clarity, the purchase volume of Taker is higher than the Taker Sell Volume when the value of the Taker Buy/Sell Ratio is greater than one. This scenario is usually considered a bullish because it suggests the willingness of investors to pay a higher price for a specific cryptocurrency (Bitcoin).
On the other hand, a less than one value for the Buy/Sell Ratio Taker indicates that more sellers are willing to renounce their assets at a lower price. This phenomenon means that the sellers overtake the buyers and indicate a bearish investor sentiment in a certain cryptomarket.
According to Martinez’s post on X, the Bitcoin Taker Buy/Sell Ratio on the HTX and Bitmex exchanges has experienced a remarkable revival on Saturday 8 February. Cryptoquant data shows that the metric rose to around 5.7 on the BitMex platform in the late hours of the late hours of the day.
Similarly, the Bitcoin Taker -Koop/Sales ratio has risen to as high as 16 on the HTX -fair on Saturday before he crashed to 0.4 later. Nevertheless, this piece of data on the chains indicates a peak when buying activity on the centralized trading platforms.
Fresh buy activity on crypto exchanges can be bullish for the Bitcoin price, which the bite was needed to maintain any upward movement. The Prime Minister Cryptocurrency is currently appreciated at around $ 96,700, which does not reflect significant price change in the last 24 hours.
Is it time to buy BTC?
In a separate message on X, Martinez suggested That it might be time for investors to return to the BTC market. The reason behind this suggestion is based on how the crypto -then feels at the moment.
Recent data on the chain show that the Public Sense against Bitcoin is now negative. However, it is known that the prices in the past move several times in the opposite direction of the crowd.