Binance’s Taker Buy Volume reaching $8.3 billion signifies strong buyer interest. This order book metric highlights increased investor confidence in Bitcoin’s potential, indicating surging buying interest despite Bitcoin currently being below $100,000.
Lower Bitcoin reserves on Binance, at their lowest since early 2024, imply increased demand. Analyst ‘xoom’ forecasts Bitcoin hitting $110,000 and $130,000 targets by January, with $120,000 viewed as realistic, bolstered by bullish technical signs.
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