Bybit’s High Taker Buy/Sell Ratio Sparks Debate Over Bitcoin’s Potential Direction

Bitcoin’s Taker Buy/Sell Ratio on Bybit has surged to a noteworthy 10.67, signaling significant aggressive buying activity in the market. However, this surge hasn’t translated into sustained price increases, with Bitcoin remaining volatile around the $100K mark. This discrepancy has sparked debate among traders about the ratio’s bullish implications and its reliability as a market indicator.