This orderbook seems so cheesely prefabricated... dumpage incoming!
Looks like a tsunami to me, that usually mean we would go up
These new kind of walls they have been building lately seem to be electromagnetic. They always pull in the front line, never push it away.
It means that the market is betting on the price to go there and test those lows.
Well... We all know how the market moves.
It moves in such a way that will make as many investors as possible lose as much money as possible.
When there's alot of bids just right infront of the bitcoin price however, then that is usually a bearish sign