No matter who you talk to about Bitcoin, the first thing that will be talked about is its price. πŸ“ˆ
Only some who hold Bitcoin go about their day without checking the price of Bitcoin at least once.
It’s the most searched term on search engines, regardless of geographical area. It has given rise to memes, heroes and villains in the industry. It determines whether certain companies survive or go bankrupt. It impacts how much attention the industry gets from the general public.
Therefore, it is safe to say that understanding the mechanics behind Bitcoin’s price and action and learning some jargon will be useful in understanding Bitcoin.
Published an article on Bitcoin pricing in detail. πŸš€
πŸ‘‰ Dive into the raw dynamics of supply, demand, and trading strategies that shape the market. Learn how market orders and limit orders drive instant or strategic transactions. Explore the role of 'Whales' and their impact on prices, sparking debates about manipulation.
πŸ‘‰ Discover the unsung heroes – liquidity providers and market makers – stabilizing the market. Delve into strategies to reduce volatility, from increasing liquidity and volumes to implementing market-making and liquidity provider programs.
I think when big limit orders are suddenly changed without any apparent reason, it can indicate that big whales are getting some insider information from OTC dealers.
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