CryptoQuant Report: Bitcoin Price Recovers From $76K to $84K, but Net Taker Volume Remains Red

Aggressive Bitcoin selling has declined steadily over the past four weeks.

No significant macroeconomic disruptions have impacted Bitcoin during this period.

The current trading week shows stable conditions with limited downside catalysts.

Bitcoin’s market behavior over the past month has shown a shift in trading activity, with selling pressure decreasing. On-chain data has indicated a noticeable decline in aggressive Bitcoin selling, marking a reduced presence of immediate downward pressure on the asset. This shift in activity aligns with a period marked by the absence of disruptive external factors.

Lower Selling Volume Observed Across Exchanges

CryptoQuant report shows a series of BTC price recoveries despite persistent negative net taker volume from late February to March 24. Each large negative volume spike aligns with local price bottoms, followed by gradual upward movements

Source: CryptoQuant

Cumulative net taker volume turned positive briefly on March 8 and March 23. Bitcoin price climbed from $76K to $84K during this period. Lower selling pressure and rising green bars in late March coincided with a steady price recovery near $83K.

Exchange-level data revealed reduced sell-side activity compared to previous periods. Spot trading platforms recorded fewer large-volume sell orders from market participants. This decline has occurred steadily throughout the past four weeks, signaling a cooling in liquidation pressure from holders.

Market Conditions Point to Stability

The current trading week has opened without significant downside catalysts. No major regulatory announcements or institutional sell-offs have been reported in the early days of the week. At the same time, Bitcoin’s price has maintained a tight trading range, supported by low volatility and stable volume.

The absence of negative catalysts has coincided with lower selling momentum, reducing downward risk. Market watchers remain alert to potential events, but current conditions show no disruptive triggers. If no external shocks emerge, the week holds room for further stabilization and modest upward activity.

Activity from both retail and institutional wallets indicates a shift toward reduced selling engagements. Transaction data reveals smaller outflows from major wallets. This trend has coincided with the observed decline in aggressive market exits and large-scale sell-offs.

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