March has so far a very volatile month BitcoinWith the past 13 days recorded severe price fluctuations between 95,000 dollars and $ 78,000. However, despite these fluctuations, liquidity played a major role in stabilizing the market, especially by reducing the duration of prices to less than 80,000 dollars.
The depth of the market, which is a critical liquidity scale, measures the cumulative size of purchase and sale orders within the specified price range. The depth of the market that was collected by 2 % reflects the total value of the requests within 2 % of the middle market price via the main stock exchanges, expressed in US dollars and BTC. This scale provides an insight into the quality of the market to absorb large demands without a significant price disturbance. The depth of the deep market indicates strong liquidity and often reduces fluctuations by ensuring adequate purchase and sale orders near the market price.
Since the beginning of the month, the depth of the market has been 2 % of Bitcoin significantly despite the severe sale pressure. The data indicates that the depth of the market, which was collected by 2 %, ranges between 456 million dollars and 468 million dollars throughout the month.
In terms of BTC, this ranged from 514000 BTC to 569,000 BTC. This liquidity guaranteed that although sharp prices were low, there was a great interest in the buyer to absorb the pressure side pressure.
Bitcoin fluctuations intensified between March 9 and 11 March, when BTC decreased briefly to less than $ 80,000. On March 9, Bitcoin fell to $ 80,114 before recovering to $ 80,810 by the end of the day.
On March 10, it fell to $ 77,522 before closing it at $ 78,666. The next day, Bitcoin reached $ 76,714 in the day, but it turned away strongly to 82,992 dollars. These declines were followed by an increase in the trading volume of more than 60,000 BTC per day, indicating a strong participation in the market.
During this period, he played a balance between bids and asked for orders within a 2 % depth in a decisive role. In early March, liquidity outperformed the ASKIDE side of the show side, consistent with the behavior of profit. However, the request book turns with the bitcoin price approaching $ 80,000.
The liquidity of the tender has increased significantly, indicating the accumulation of demand at these low levels. On March 10, bidding volume within a depth of 2 % reached 298,000 BTC, bypassing liquidity at the demand side at 271,000 BTC. This increased volume on the supply side helped absorb aggressive sale, preventing a long decrease to less than 80,000 dollars.
Large bidding groups less than $ 80,000 and $ 83,000 were the main factors in stabilizing the bitcoin price. These large purchase orders are run with BTC’s decrease, which limits the negative side. A large display wall near $ 83,000 played a major role in stopping the decrease of March 9 on March 9, with a similar common interest appearing as the price tested lower levels in 10 and 11 March.
The depth of the market was 2 % of Bitcoin this month much higher than what it was in previous fluctuations, especially in 2023 and 2024. While the depth decreased temporarily during the decrease in the fastest prices – which is common when market makers withdraw orders during the market during Volatility The recovery occurred in the depth quickly. By March 12, the depth of the collected market was recovered by 2 % to 467.95 million dollars, which enhances that liquidity providers remained active despite the turbulent conditions.
Bitcoin’s efficiency reflects 80,000 dollars of market liquidity levels. While Bitcoin fell to less than $ 80,000 on three occasions, it has not been there for more than a few hours. The width of the offer increased quickly at a time, as it absorbs the offer and the BTC will again to 80,000 dollars to 82,000 dollars.
Strong liquidity on the side of the offer, along with the total levels of depth that exceeds 450 million dollars throughout the month, guarantees that the fluctuation of BTC prices remained content. Bitcoin declines can lead to less than $ 80,000 to twice the price extended and a deeper drop without this depth.
Pamphlet The price of deep liquidity in March during March fluctuations First appear on Cryptoslate.
