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Bitcoin Taker CVD turns green, the market may welcome a new round of bull run signals.
ChainCatcher message, CryptoQuant analysts point out that the Bitcoin market is showing a positive shift, with the Taker CVD indicator returning to the green zone after four months of decline, indicating that buying power is regaining dominance. Data shows that the price of Bitcoin has rebounded from around $101,000 to about $107,000, an increase of nearly 6%, with a noticeable rise in the activity of buyers in the spot market. Experts believe that the change of the Taker CVD indicator from red to green is an important bullish signal, and historical data suggests that when the indicator turns from the long-term red range to green, it usually signals the beginning of a new uptrend. This shift may signal that Bitcoin is about to enter a new bull market, and investors should pay close attention to subsequent volume changes and price support performance to confirm the validity of this bullish signal.