BTCUSD exchange rate forecast from August 2 to August 8

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Last week, bitcoin finally managed to demonstrate its strength, the main cryptocurrency grew for 10 days and only at the weekend the price went for a small correction. During this time, the coin has gone from support in the area of $30,000 to raising the price to the level of $40,000, but at the moment the price is declining and there is a chance of returning to the side range. Whether the bulls will be able to hold positions and strengthen growth, we will analyze in our traditional weekly forecast of the bitcoin-dollar exchange rate.

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Who are market makers and what do they do?

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Today, market makers have become one of the key figures in the financial market. There is an opinion that they are able to change asset prices, but in fact this is certainly not the case. The main and main task of market makers is to provide liquidity for any assets. If an asset traded on the exchange does not need liquidity, then the price and spread will have an adequate level. But if there is no liquidity – then trading with this asset will stop, the price will stand at the same level, and the spread will begin to expand. What do market makers do in the market? We will try to analyze it in this article.

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BTCUSD exchange rate forecast from July 26 to August 1

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After two months of pressure and a systematic decline, bitcoin finally demonstrated its character and in just a couple of days almost reached the resistance zone around $40,000. Whether the main cryptocurrency will be able to break higher and get out of the sideways trend of May 19, we will analyze in our traditional weekly forecast of the bitcoin exchange rate to the dollar.

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New way to top up account balance (BSC BEP20)

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On April 21, 2021, it was added the ability to replenish the account balance via the Binance Smart Chain (BSC) BEP20 network. Now you can replenish your account balance using the Binance Smart Chain (BSC) network and BTC (BEP20), BNB (BEP20), ETH (BEP20), BUSD (BEP20), USDC (BEP20), USDT coins with a minimum commission, without specifying the MEMO field (BEP20).

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Perpetual futures contracts OKEx Futures USDT (Perpetual swaps)

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  1. Activating the OKEx account mode
  2. Adding funds to your trading account
  3. Creating a v5 API key on OKEx
  4. Adding the created API key to RevenueBot
  5. Creating a futures trading bot for the OKEx exchange
  6. The position mode
  7. Features and recommendations for trading futures on the OKEx exchange
  8. General recommendations for Trading Cryptocurrency futures using leverage

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