In reality, it works by volume. Here you are seeing it at 0.1, but if you go to 10 or more, you will see traders with millions. The group that is trading the most is the one that decides whether it goes down or up.
LIVE
Marry Gulikers fhNb
--
Bearish
I still don't understand how it works, basic principles of economics tell us that when supply is less than demand, the price should increase; apparently in this world, basic principles do not exist. However, they exist when supply is greater, prices go through the floor!
Interesting how the analysis of the cryptocurrency world must be, completely outside of economic principles and financial trends..
Even so, I love the world of crypto, analyzing much more than economic principles, trends, charts, whale investments, posts, and trends on social media. Interesting is the world of cryptocurrencies, there is much more beneath the surface.. 👍🙂
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.