🔄 CEXiO | Link: JOIN
➖➖➖➖➖➖➖➖➖➖➖
What moves crypto prices? Bitcoin, news and order books
1. What makes technical analysis somewhat predictable?
✅ Thousands of traders act on the same chart patterns
2. What role does psychology play in crypto prices?
✅ Emotions like fear and FOMO drive buying and selling decisions
3. Why do you see different Bitcoin prices on different exchanges?
✅ Each exchange has its own trading activity and order book
4. What happens when some cryptocurrencies burn tokens?
✅ Supply shrinks, which can push prices up
5. What do price trackers like CoinMarketCap show?
✅ An average of prices from multiple exchanges
6. When does the crypto market trade?
✅ 24 hours a day, 7 days a week
7. What is an order book?
✅ Where buyers list what they’ll pay and sellers list what they want
8. What determines crypto prices at their core?
✅ Supply and demand
9. What is liquidity in crypto trading?
✅ How easily you can buy or sell without affecting the price much
10. What happened when Tesla announced it would accept Bitcoin?
✅ The price usually jumped
11. Which exchange was mentioned alongside Binance and Coinbase in the video?
✅ Kraken
12. How many Bitcoin will ever exist?
✅ 21 million
➖➖➖➖➖➖➖➖➖➖➖➖
💬Chat ❕ 📹AllCode❕