Post
Topic
Board Bitcoin Discussion
Re: Is the selling pressure in Bitcoin a return signal?
by
WillyAp
on 30/09/2023, 13:20:39 UTC

Investors in the Deribit and Binance exchanges will not affect the price of Bitcoin to the extent that it breaks a support or resistance level.
according to CMC deribit[1] has untracked volume data which may be an indication that the article is paid, because I do not remember hearing them.

[1] https://coinmarketcap.com/exchanges/deribit/

Resistance levels, moves to break out, fighting hard, those are buzzwords of smokesellers.
Bitcoin it itself lacks a spirit, its movement is driven by simple greed.

Trader could trade wheat there is more reliable data available for it.