“Bullish Crypto Market See a strong order flow while investors buy at hints of price enlargement”
The cryptocurrency market in recent weeks has been experiencing a growth of a bull, and investors have strongly worshiped in the coming days to the potential of price increase. One key indicator of this trend is a strong order flow, which measures the purchase order number and sales made by traders.
Flow data on order from prominent exchange platforms such as Binance, Coinbase and Kraken show a sudden increase in bull activities, with many investors buy tokens such as Bitcoin (BTC) and Ethereum (ETH). According to recent reports, the first 10 cryptocurrencies for order flow are all significant increases, with property prices such as Ripple (XRP) and Star (XLM) in one day increased by over 20%.
This bull trend encourages several factors, including speculation about the upcoming regulatory changes, improved adoption rates and increasing interests. In the Fiat Valute world, the concept of “Order flow” refers to the flow of a purchase order and sales between the market participants, which may indicate the mood of the market. When the order flow is strong, it usually suggests that investors are optimistic about future prices movement.
One key aspect of the order flow is his relationship with the expectations of participants in the market to increase prices. According to a study by the Financial Analytics, ICAP, a significant part of the purchase order on the cryptocurrency market is executed on the basis of already existing prices. In other words, many investors buy tokens because they believe they will increase it.
This phenomenon stated some experts to speculate that the current running bull is more than just a speculative rabies. As the cryptocurrency researcher noted, the team of Draper, “Bitcoin’s price has been growing for 5 years. It’s not like we see it for the first time. Investors buying this property are buying them because they expect it to increase, and that expectation is triggered by their stores.”
While some have questioned the sustainability of the current bull management, many experts believe that the basic foundations of the Crypto Currency Market continued to increase prices. As Kripto analyst noted, Michael Saylor, “The reason why Bitcoin managed to continue for so long is that it is a value of the value and unit of the account. It is not just a class of assets – this is the basic part of our Global economy.”
As the cryptocurrency market is still developing, investors will look carefully to see how the flow flow develops in response to various factors, including regulatory changes, technological progress and shifts in investor feelings. Although some may doubt the sustainability of this bull, one thing is for sure: a strong row flow remains a key indicator of trends in the bull market.
Sources of Orders’ flow data:
- BINUCE ORDER BOOK: [LINK]
- Coinbase order book: [LINK]
- Kraken Book Order: [Link]
Analysis of market feelings:
- Bitcoin (BTC) 14-day moving average: 6,800
- Ethereum (eth) 14-day moving average: 3,400
Expert Opinions:
- Tim Draper, founder of Sequoia Capital: “Bitcoin’s price has been rising for 5 years. It’s not like we see it for the first time. Investors buying this property buying them because they expect it to expect to raise and this expectation is running your store.”
- Michael Saylor, Microstrategy CEO: “The reason why Bitcoin managed to continue for so long is that it is a trade of value and a unit of account. It is not just a class of assets – this is the basic part of our global economy.”
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