As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency market, is keeping a close eye on the Bitcoin (BTC) liquidity movements. FireCharts, a popular charting platform, has tracked liquidity movements on the BTC/USDT Binance order book. Their observations have led them to believe that the recent dip in Bitcoin’s price may extend. Liquidity refers to the amount of Bitcoin available for trading at a given price level. When there is a large amount of liquidity at a particular price level, traders can easily buy or sell
Go to Source
Author: coinmaker