Post
Topic
Board Speculation
Re: Bitcoin still looking bearish during the holidays
by
dimonstration
on 30/12/2022, 18:11:33 UTC
Do you try to compare the liquidity on all the orderbook of different major exchange to established a conclusion?

Having a thin orderbook usually imply that there’s less traders during holiday but that doesn’t mean the price will dump since there’s no big movement on either side. I really want to see same analysis with comparison on multiple exchange orderbook liquidity. This is a good basis to determine if there’s already a trend built-up or the thin orderbook just a result of the CEX reputation itself like what happened on Binance which user remove there balance due to fear on losing money.