BTC Seller Ratio Plummets to 0.086%: Signaling Major Price Rebound Ahead?

On March 29, COINOTAG News reported an insightful analysis from renowned cryptocurrency analyst @ali_charts. He highlighted a significant development in the Bitcoin (BTC) market, indicating that the BTC seller ratio has plummeted to an impressive 0.086%. This notable decline is particularly relevant as historical data reveals that a seller ratio falling below 0.1% has typically preceded considerable price recoveries in the past two years. Investors and market watchers should closely monitor this trend as it could herald potential bullish momentum for Bitcoin. As the cryptocurrency landscape continues to evolve, understanding these market dynamics becomes paramount for informed decision-making.