How to use DOM and Footprint to predict the fall and rise of bitcoin

For two weeks, after the price reached $ 69,000, the market has been moving in a downward trend.

During this time, the price was adjusted by more than 20%. Beginners, especially those who bought at higher prices, find it difficult to see how their money is lost. Most of them constantly ask: 



In this article, we will try to show you how important volume is, how to use DOM and Footprint to predict the fall or rise of bitcoin.

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DOM is an online panel where orders to buy or sell are placed.

Footprint is a book of orders, in which the executed orders and all detailed information (quantity, price, time, etc.) are recorded. Read more about the DOM and footprint in this article.


Starting at $69,000 big sell orders began to appear in DOM and Footprint. In the screenshots below you can see how big players were fixing their bitcoins.

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When there are large bids for sale or buy in the footprint, it is a signal to rise or fall. In this case, there were large sales orders, as a result of a sharp drop.

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Sales continued to the level of 64 thousand dollars. But at the level of 63 - 62 thousand dollars, buy orders began to appear.

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In total, it took about 500 BTC to buy, this is a strong signal, but the strength of buyers was not enough and the price continued to decline.