Bitcoin retail investors taking excessive risk – Why they could be right?

AMB Crypto 10 months ago 191

Bitcoin Combined Books at 1-5% spot order-book depth showed shallow order-books.
Retail investors began to take excessive risks in derivative market on slight recovery.

AMBCrypto’s analysis of Bitcoin [BTC ($86,725.00)] by the Combined Books revealed crucial insights into the order-book depth at the 1-5% range.

Notably, each price spike corresponded with moments when order-book depth dipped below 135 million. Historically, it signaled a potential bottom.

The instances were evident around the 13th and 21st of January, where Bitcoin’s price found strong support levels, suggesting a limited sell-side pressure and a possible setup for a bullish reversal.

Observing these highlighted periods, traders could gauge shifts in market sentiment and liquidity constraints, often preempting uptrends.

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