Binance data will predict Bydist week for Bitcoin and cryptocurrency

Binance, the cryptocurrency exchange with the largest volume of global trade, has shown a move to provide optimism on the price of Bitcoin (BTC).

BTC BTC volume vs. other exchange delta indicators were again positive. This means that the level of trade in such platforms is consistently above the level of other greats.

This last happened over a year ago in January 2024, when Bitcoin cited around 42,000 US dollars before filming it to 73,000 US dollars in March. This suggests following such patrons, The market may be at the gates of price rebound.

“Historically, when Binance stands out in spot volume, the market tends to show bullish bias over the next few weeks,” explains Joao Wedson, an investor and data scientist at Joao Wedson, founder of the Alphractal Analysis Company.

This movement can be observed in the following graph in the on-chain Crypto Explorer:

The correlation between Bindcoin spot volume in Vinanence and its price rebound potential is due to several factors. Mainly, it is the most used exchange. therefore, When commercial activities exceed other platform activities, they serve as an indicator of greater confidence in the marketif it does not reflect mass sales.

In other words, this movement suggests a greater accumulation of BTC. This helps increase prices due to simple supply and demand laws. Furthermore, higher spot volume means more direct purchases than derivatives. This reduces sales pressure and increases liquidity.

Also, for market psychology, the increase in this platform can be interpreted as a sign that “something good will come.” Therefore, it is not surprising that investors’ actions towards vinance precede other exchange actions.

Binance controls trade despite Coinbase growth and general fall

It’s definitely worth mentioning, as shown below Binance lost market share regarding Coinbasethe largest cryptocurrency exchange in the United States. By the beginning of 2024, its trading volume was 19 times higher, with the difference of eight times higher.

meanwhile, The main exchange combination volume experiences a general declineas the next image frame. This is similar to the behavior seen since March 2024, when prices remained in the integration phase that was overcome in November.

However, despite a general decline in trade and a loss of market share in front of Coinbase, Binance continues to lead as a major global cryptocurrency trading centre. Therefore, it is important to follow the flow as it “has a major impact on liquidity and market behavior.”

Lower BTC sales pressure than other exchanges

Analysts also highlight this Bitcoin transfers have made short-term investors Binance, lower than other exchanges, thus reflecting positive signals. According to the 7-day mobile average, these are just 6,300 BTC compared to the average of 24,700 BTC on other platforms. Therefore, you can verify it below:

According to Wedson, “This suggests a drop in sales pressure as many operators adopt a more neutral position.” It contributes to the price of Bitcoin, but does not see strong downward pressurecan be maintained horizontally as shown below.

BTC quotes in a sustained range of over 81,000 US$ over two weeks after a short fall to 76,000 US$. At the time of this phrase, its value is 84,000 USD, 20% less than the past USD 109,300 USD 2 months ago.

Despite optimistic expectations, the escalation of “war” import taxes between countries generates more concern in the market. So, as Cryptonotics reported, investors are paying attention to the next ads that US President Donald Trump gives about it.