Bitcoin orderbook🚨
Large orders at $61,500 price level.
Does that mean we can also long btc there?
It could but that isn't enough to ‘buy there.
Why? There are many spoofing orders in the market, that means an order is placed but will never be executed to trick other traders and bots.
What now? Search for high probability indicators or look at the orderbook of every exchange to look if other traders are also interested to buy large volumes at certain price levels.
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