Disclosure Please note that our a discount to the fair event that brings together all at a premium. Learn more about Consensusprivacy policyterms of of Bullisha regulated, institutional digital assets exchange.
By comparing spreads between different exchanges or different currency pairs, we can gain insights into individual market microstructures that are not immediately observable from trade data. At the same time, the Bitcoin bid and ask price will keep rising. This relationship arises from the interaction between market makers placing bids and asks , price takers placing market orders to buy and sell an asset , and the market depth of an order book the quantity of bids and asks on an order book at different price levels. One of the first concepts that an aspiring Bitcoin trader needs to understand is how trading actually works.
