ICT Market Maker Sell Model (MMSM) for Bitcoin (BTC/USD)
Key Components:
1. Original Consolidation:
- This is the initial phase where the price consolidates within a range, indicating accumulation by smart money.
2. Smart Money Reversal:
- This area marks the point where smart money starts to take profit or reverse their positions, leading to a...
Functions of Market Makers
Market makers perform several essential functions in the cryptocurrency market, including:
Providing Liquidity: They ensure there is enough liquidity between buyers and sellers to maintain active market participation.
Providing Quotes: They offer bid and ask prices at any given time, facilitating trades between market...