Analyst: Aggressive Binance buying signals potential BTC surge

An analyst has identified a short-term bullish signal for Bitcoin, citing a surge of aggressive buying in the Binance BTC derivatives market. CryptoQuant contributor Amr Taha noted that the Net Taker Volume on the platform exceeded $500 million in a single hour, indicating a sharp increase in market buy orders. Taha described this as exceptionally strong buying pressure. He drew a parallel to Jan. 8, when a Net Taker Volume of approximately $440 million preceded a short-term BTC rally to $96,000. Taha added that if the current trend continues, Bitcoin could target levels above $100,000 in the near term.