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Published 5 Aug 2026, 13:03 UTC · fetched 3 Nov 2026, 13:35 UTC
Justin Bennett
@JustinBennettFX
The $BTC bid/ask ratio continues to deteriorate and is now at its lowest level in months. Simply put, visible sell-side liquidity is heavily outweighing bids. I’m also not seeing the same ramp in spot buying that helped support yesterday’s move. That doesn’t guarantee an immediate drop, but the setup looks more bearish than it did yesterday.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 64354.08 / 64359.76 − 1 = -0.0%d × r = +0.0% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
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