Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’ By Cointelegraph

Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
© Reuters

Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable buyer interest in the $30,000 region on large exchanges Coinbase (NASDAQ:) and Binance.

There is 5,000 (BTC) sat ready to purchase down to a $30,000 price, and another 7,000 BTC down to a $28,000 price on Binance.

Binance order book. Source: ChimpZoo/Twitter
BTC open interest on FTX. Source: Glassnode
Fear and greed index. Source: Twitter (NYSE:)

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