{"id":529752,"date":"2023-05-03T17:00:13","date_gmt":"2023-05-03T17:00:13","guid":{"rendered":"https:\/\/ktsl888.com\/?p=529752"},"modified":"2024-06-11T08:29:27","modified_gmt":"2024-06-11T08:29:27","slug":"more-dip-to-come-bitcoin-liquidity-on-the-move-ahead-of-major-event","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/more-dip-to-come-bitcoin-liquidity-on-the-move-ahead-of-major-event\/","title":{"rendered":"More Dip To Come: Bitcoin Liquidity On The Move Ahead Of Major Event"},"content":{"rendered":"
As the Federal Reserve (Fed) prepares to announce its decision on<\/span> 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.<\/span><\/p>\n
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 Bitcoin at that price without significantly affecting the market. However, low liquidity at a certain price level can lead to volatility spikes as traders scramble to buy or sell the asset.\u00a0<\/span><\/p>\n