The Bitcoin trading volume indicates how many Bitcoins are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds. It is also a good indicator of the general interest in the crypto market. NVT is computed by dividing the Network Value (= Market Value) by the total transactions volume in USD over the past 24hour. Network Value to Transactions Signal NVTS is a more stable measure of NVT, with the denominator being the moving average over the last 90 days of NVT's denominator. Hedge bitcoin exposure or harness its performance using options based on the regulated CME CF Bitcoin Reference Rate (BRR) and actively settled into traded Bitcoin futures. Learn more BITCOIN UPDATES: STAY UP-TO-DATE ON CME GROUP BITCOIN PRODUCT DEVELOPMENTS.
Bitcoin trading volume dataBitcoin Trading Volume and Fake Data
Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!!
Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle..
Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend.
This resistance area marks a critical resistance target. If we close above , we can expect The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema.
There is no correction at this moment! I'm waiting that price can continue uptrend. So what happens in this case? These orders simply hang in the system for hours, days, or even weeks waiting for the right buyer or seller, creating illiquidity. This practice was adopted from traditional stock trading and serves to solve the problem of low liquidity.
These bots help with closing orders that cannot be closed by real users immediately, so nobody has to wait for ages for their transactions to be finalized. The crypto industry is far from being strictly regulated and exchanges take advantage of this situation and use trading bots to not only close pending orders but to also execute entire transactions from placing to completing the deal.
Firstly, why would anyone use an exchange with nonexisting liquidity? Secondly, once Bitcoin skyrockets, no one wants to wait for hours to complete the deal as the rate might not be that attractive in a matter of minutes. Actually, nobody likes to wait at all. So these exchange manipulations come in handy. After all, these exchanges are the major players on the Bitcoin trade market and they are responsible for being a sort of role model and setting standards for better quality, a decent audience, and advanced technology.
As for Lumi Wallet, we prefer to think of ourselves as crypto hippies: we believe in universal peace, honest ways of doing business, and that evil never wins.