Bitcoin may be preparing for another recession as data signals on the chain maintain sales pressure. A recent report from Cryptoquant shows an increase in sell-offs between Spot and Futures traders.
If this trend continues, BTC risks sliding beyond the key $110,000 price mark.
Bitcoin sales pressure will be strengthened
According to a recently published report on Cryptoquant, Bitcoin has skyrocketed in selling from both Spot and Futures traders, as reflected in Spot Taker’s Cumulative Volume Delta (CVD, 90 days) and Taker’s Buy and Selling Ratio.
Spot Taker CVD, which tracks whether market takers are primarily buyers or sellers, has turned the red upside down after months of buy-side domination. This shift has updated sales pressure, a historically preceded revision.
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This reflects a cooling of aggressive buying interest and a growing motivation among BTC spot traders, informing market fatigue.
Furthermore, according to the report, BTC’s Taker Buy/Sales rate fell to 0.91, below the long-term baseline of 1.0. This shows that sales orders consistently outweigh buy orders across the coin futures market.
Asset taker’s shopping and sales ratio measures the ratio of trading volumes in the futures market. Values ​​above indicate more buying than selling volume, while values ​​below one suggest that more futures traders are selling their holdings.
This confirms an increasingly weakened sales force and emotions, which could worsen if BTC prices continue.
Can $112,000 in support be fueled by fresh gatherings?
The BTC traded at $112,906 at press and rests at $111,920 on the support floor. If demand increases and this price floor is strengthened, it could push the price of BTC to $115,764. A successful violation of this level could open the door for the rally to $118,922.
Conversely, if sell-side pressure is mounted, there is a risk that BTC will fall below $111,920 and drop to $109,267.
Another dip’s post-bitcoin brace first appeared on Beincrypto as on-chain data warns of spots and futures sell-offs.
