Post
nasrah
$BTC
Sellers are getting increasingly impatient.
We're seeing asks chase price lower as sellers become willing to accept lower prices instead of waiting for buyers to come to them.
This suggests that supply is currently outweighing demand.
Until buyers step in and absorb that selling pressure, I expect further downside.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,715.9+0.01%
ETH/USDTEthereum
$2,049.44+0.01%
SOL/USDTSolana
$83.03+0.01%
Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk
3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet