Bitcoin Order E book Liquidity Signifies Market Backside for BTC Value

“By analyzing the mixed spot order books, notably on the 0%-1% and 1%-5% spot order guide depth, we see a sample the place low liquidity within the order guide usually coincides with market bottoms,” Shubh Verma, co-founder and CEO of Hyblock Capital, mentioned in an interview with CoinDesk. “These low order guide ranges may be early indicators of a value reversal, ceaselessly previous a bullish pattern.”