Urlaub on Nostr: While news can indirectly impact demand, Bitcoin primarily pumps when bids outpace ...
While news can indirectly impact demand, Bitcoin primarily pumps when bids outpace asks at the current price. If no one sells there, bids climb, driving price discovery until a seller agrees, setting a new price.
Powerful traders sometimes attempt to manipulate this by creating artificial bids or asks. This isn't unique to Bitcoin; it's a reality for all assets traded on markets.
Published at
2025-03-26 13:40:14Event JSON
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"content": "While news can indirectly impact demand, Bitcoin primarily pumps when bids outpace asks at the current price. If no one sells there, bids climb, driving price discovery until a seller agrees, setting a new price.\n\nPowerful traders sometimes attempt to manipulate this by creating artificial bids or asks. This isn't unique to Bitcoin; it's a reality for all assets traded on markets.",
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