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What are the key factors that influence the BTC order book?

KingDomainMay 02, 2022 · 3 years ago1 answers

What are the main factors that affect the order book of Bitcoin (BTC)?

1 answers

  • May 02, 2022 · 3 years ago
    The BTC order book is influenced by various factors, but the most important ones are market demand and supply, market sentiment and news events, liquidity and trading volume, and the presence of large institutional traders. Understanding these factors can help traders make more informed decisions in the cryptocurrency market.