Eric Liboiron La Presse

Bitcoin Rally May Slow as Order-Book Imbalance Hints at Profit Taking

That’s the message from the imbalance between potential sellers and buyers in bitcoin’s aggregated order book across 33 centralized exchanges. The gap between the total dollar value of orders to sell bitcoin, the so-called ask side, and orders to buy, the bid side, within 2% of the market price has widened to nearly $100 million, according to Paris-based Kaiko. That’s about five times its usual value.


Share this post :


Leave a Reply

Your email address will not be published. Required fields are marked *

Create a new perspective on life

Your Ads Here (365 x 270 area)
Latest News

Subscribe our newsletter

Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.