Bitcoin Bulls Surge: Binance Taker Ratio Turns Neutral, Signaling Breakout Potential

Bitcoin’s bullish momentum is back on track as a key trading indicator from Binance suggests increasing buyer dominance. The Binance Taker Buy Sell Ratio has flipped to neutral, indicating a potential shift towards sustained bullish sentiment. This could pave the way for a break above the crucial $85,000 resistance, triggering near-record short liquidations of up to $637 million, according to CoinGlass data.