Bitcoin buy orders are >90% of the market for the first time since March 2017

posted over 1 year ago
Ninety percent of the all the orders on exchanges are people trying to buy Bitcoin & ten percent of all orders on exchanges are people trying to sell.

Effectively 90 people are trying to buy 10 people’s worth of Bitcoin. Indicating there is more demand for Bitcoin than supply.

This is also an indicator of market sentiment among those who are buying and selling Bitcoin.
Tags: bitcoin, news