Bitcoin Order Book Liquidity Indicates Market Bottom for BTC Price

by admin

“By analyzing the combined spot order books, particularly at the 0%-1% and 1%-5% spot order book depth, we see a pattern where low liquidity in the order book often coincides with market bottoms,” Shubh Verma, co-founder and CEO of Hyblock Capital, said in an interview with CoinDesk. “These low order book levels can be early indicators of a price reversal, frequently preceding a bullish trend.”

Source link

Related Posts

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.