{"id":62700,"date":"2025-04-29T04:30:49","date_gmt":"2025-04-29T04:30:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=62700"},"modified":"2025-04-29T04:30:49","modified_gmt":"2025-04-29T04:30:49","slug":"bitcoins-net-taker-volume-turns-positive-new-all-time-high-incoming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=62700","title":{"rendered":"Bitcoin\u2019s Net Taker Volume Turns Positive, New All-Time High Incoming?"},"content":{"rendered":"

Bitcoin gradual recovery continues, with the asset currently trading at $95,409 after posting a 1.7% gain over the past 24 hours. In the last two weeks, BTC has climbed nearly 15%, recovering steadily<\/a> from its recent period of correction.<\/p>\n

While the momentum appears measured compared to past breakouts, the underlying market data suggests that structural shifts are underway that could influence the next major move.<\/p>\n

So far, several indicators are pointing toward improving sentiment<\/a>, particularly within the derivatives market, which now dominates Bitcoin\u2019s overall trading volume.<\/p>\n

Recent observations from analysts highlight a shift in the balance of trading activity, hinting that long positions are regaining strength<\/a> over shorts. Meanwhile, updated cycle models suggest Bitcoin may still have room to extend its current trend, with structural similarities emerging between the present market and the 2017 cycle.<\/p>\n

Bitcoin Net Taker Volume Turns Positive, What Does It Signal?<\/h2>\n

According to CryptoQuant analyst Darkfost, the 30-day moving average of Bitcoin\u2019s Net Taker Volume has returned<\/a> firmly to positive territory.<\/p>\n

Net Taker Volume is an indicator that compares the relative size of long and short positions in the derivatives market over a given period. A positive reading indicates that buying pressure (long positions) outweighs selling pressure (short positions), while a negative reading suggests the opposite.<\/p>\n

Darkfost noted that derivatives markets now account for roughly 90% of total Bitcoin trading volume, surpassing spot and exchange-traded (ETF) volumes. As a result, shifts in derivatives sentiment can often foreshadow broader price movements.<\/p>\n

The return of the Net Taker Volume into positive territory suggests that speculative participants are positioning for continued upside. This realignment in the derivatives market, if sustained, could act as a catalyst to reinforce Bitcoin\u2019s recent gains and set the stage for further price discovery.<\/p>\n

Cycle Model Adjustments Point to Uptrend Continuation<\/h2>\n

In a separate analysis<\/a>, CryptoQuant analyst Mignolet provided insight into Bitcoin\u2019s longer-term trend outlook. Using a refined cycle model based on market capitalization data, Mignolet suggested that traditional cycle indicators have been slow to reflect the latest recovery.<\/p>\n

To address this lag, adjustments were made to the model\u2019s time series to detect earlier shifts in market behavior. Mignolet observed that what appeared to be a \u201cbear market\u201d zone under traditional models was, in reality, a buying opportunity<\/a> within an ongoing upward cycle.<\/p>\n

The current market structure, according to Mignolet, resembles the later stages of the 2017 bull market rather than the early phases of a new downturn. If this parallel holds, Bitcoin could still have significant upside<\/a> potential before entering a major correction phase.<\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin gradual recovery continues, with the asset currently trading at $95,409 after posting a 1.7% gain over the past 24 hours. In the last two weeks, BTC has climbed nearly 15%, recovering steadily from its recent period of correction. While the momentum appears measured compared to past breakouts, the underlying market data suggests that structural […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62700","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62700"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62700"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62700\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}