About Equilibrium. Equilibrium price today is $ USD with a hour trading volume of $ USD. Equilibrium has no change in the last 24 hours. The current CoinMarketCap ranking is not available, with a market cap of $ USD. It has a circulating supply of 1,, EQM coins and the max. supply is not available. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $$ billion in , owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and . Dec 03, · Bitcoin’s movements are generally more conservative compared to those of other tokens. A crypto market equilibrium is not yet firmly established. One move either way could send coin prices back up in the air again.
Market equilibrium bitcoinBitcoin's Equilibrium Price Is $9,; Analyst Explains How!
At the moment, BTC prices are galloping higher, and notably, the number of open interest is also on the rise. As observed, Open Value—a product of open interest and price is range bound. This, the analyst says, is bullish and an accumulation after a dismal March A spike in open interest, which is the measure of open contracts at leading derivatives platforms, is bullish and points to participation especially when uncertainty abounds.
However, despite his views, BTC is under the grip of bears and prices are in oscillating inside the Mar 12 bear candlestick. Technically, a trend is considered bullish or bearish only when there is a sharp breakout from within a range with high trading volumes.
Unless there is a sharp uptick in trading volumes and prices break out above the Mar 12 trade range, bears are in control despite the current bullish sentiment. All Rights Reserved. Search for:. Price Analysis. ICO Review. Submit ICO Review. Editor's Pick.
Bitcoin BTC Open Interest Skew A spike in open interest, which is the measure of open contracts at leading derivatives platforms, is bullish and points to participation especially when uncertainty abounds. Math on chalkboard image via Shutterstock. Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Prime Brokerage. What is undefined?