There are always buyers and sellers in the market. When a price quickly moves and then stalls at a certain level, it indicates the presence of a seller wall. The same applies in reverse: when a price falls rapidly but then finds resistance at a certain point, there’s a buyer wall there. This is currently the situation for Bitcoin and altcoins. We’ve seen many times in crypto markets what happens when no such wall exists. On a healthy order book, there must always be both buyers and sellers. Otherwise, the outcome is ruin. $BTC
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