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How to Monetize Your Digital Content by Joining Affiliate Programs ✌️【Investment Strategy】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.As bitcoin (BTC) nears the $100,000 milestone – a clear sign of strength – the reality is that its actually quite vulnerable to potential negative news.That's according to the "order book skew ratio," which shows that buyers have surprisingly pulled back their firepower as prices near six digits.
How to Monetize Your Digital Content by Joining Affiliate Programs ✌️【Investment Strategy】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!The ratio measures the number of people wanting to sell, or the ask side, relative to those on the buy or the bid side.The three-day moving average of the 1% skew, which measures the ask-bid imbalance within 1% of the mid-price, is now elevated, approaching levels seen only three times since 2022, according to data tracked by cryptocurrency prime broker FalconX.Its a sign that the bullish momentum that brought prices to near $100,000 from $68,000 since the U.S.
election early this month is not being replenished by new buying interest, leaving sellers in a more dominant position.
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