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Bitcoin demand on Binance could soon increase prices

Bitcoin’s taker buy volume on Binance shows an upward trend since October. This rise indicates heightened buyer interest, suggesting more upward momentum. With Bitcoin trading at 96,222 USD, buyers aiming near the 100,000 USD mark could further push prices.

Current Bitcoin price actions resemble late 2023 patterns. This period saw a surge after Bitcoin ETFs approval. With taker buy volume nearing 6 billion USD, there’s growing speculation of a similar price rally, echoing past performance trends.

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