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BTC's Bid Dominance Signals Bullish Momentum to 27K+

source-logo  coingape.com 16 September 2023 18:41, UTC

Despite recent headwinds, Bitcoin’s (BTC) trajectory to the $27,000 mark appears imminent. The recent shift in Bitcoin’s order book has seen bids, or buy orders, outpacing the asks or sell orders. Consequently, this dominance on the bid side suggests a stronger demand, indicating a market gearing up for an upward rally.

coingape.com