Post
Topic
Board Service Discussion
Re: Remember Plustoken? they are still active and massive sell-off keeps going on
by
__M
on 27/04/2020, 10:05:59 UTC
Hi,

To add to what figmentofmyass said, You cannot ignore future volumes anymore. the liquidation mechanism introduced by leverage trading is one of the greatest liquidity pool in the market right now.
1- Following those area of high liquidity can be highly profitable
2- Historically, those areas have been a "magnet". The price always tended towards them.

Though it must not be forgotten that most derivative platforms only have an index of the Bitcoin price, calculated by weighting different spot exchanges spot-prices (Kraken, Bitstamp...)