- Bitcoin’s 30-day Taker Buy/Sell Ratio has reached its lowest point since 2018, signaling weakened buying activity across major exchanges.
- The ratio now sits below levels recorded during Bitcoin’s 2021 peak, showing stronger selling dominance despite upward movements in market price.
- Data from CryptoQuant charts confirm sustained downward pressure, suggesting Bitcoin’s price rise has lacked strong buyer support in recent months.
Bitcoin’s 30-day moving average of the Taker Buy/Sell Ratio has fallen to its lowest level since May 2018. The current reading signals weakening buying momentum and points to a potential rise in short-term selling pressure.
Weakening Buying Pressure Detected
According to CryptoQuant analyst Cryptoonchain, the sharp drop in the 30-day moving average reflects a decline in overall buying activity. This ratio measures the balance between taker buy volume and taker sell volume across exchanges. When the ratio falls below 0.98, it is often read as a strong sell signal.
The data now shows the average well under this threshold, signaling heavier sell-side activity compared to buying demand. Market analysts note that similar readings have preceded corrections in the past. The sharp drop indicates that buyers are currently unable to counter the strong wave of sell orders.
A tweet from Cryptoquant referencing added that the fall “serves as a warning that Bitcoin’s market may face selling pressure in the short term.” This emphasizes that traders are prioritizing exits over accumulation at present levels.
Comparison to Previous Market Cycles
CryptoOnchain pointed out that the current ratio is now lower than the readings recorded in November 2021. At that time, Bitcoin traded near its all-time highs, but the taker buy/sell ratio was higher than it is today. This contrast reveals that current market strength is not supported by sufficient buy-side momentum.
Charts provided by CryptoOnchain show the long-term downward trajectory of this ratio. While Bitcoin has managed to stage rallies in recent months, the underlying buy-to-sell balance has steadily declined. This divergence between price and buying pressure signals potential stress for the ongoing uptrend.
Analysts referencing the data view the present situation as similar to past moments when weakened ratios preceded market corrections. With buyers unable to sustain pressure, the risk of retracement grows more visible across short-term charts.
Possible Market Outcomes Ahead
If the ratio remains at current levels, short-term trading conditions may favor stronger selling activity. This could place downward pressure on Bitcoin’s price, especially if buyers fail to return with meaningful volume.
The falling ratio also suggests that speculative trading interest might be cooling, even as Bitcoin’s spot price attempts to hold higher ranges. Without an increase in buying demand, market participants may prepare for adjustments to lower price zones.
The CryptoOnchain report emphasized that if this downward trend in the ratio continues, the likelihood of a broader correction rises. Historical precedents show that extended periods of low
