BTC Price

BTC price represents Bitcoin's market value expressed in counter-currencies including USD, EUR, USDT, and other trading pairs. Centralized exchanges operate order books matching buyer bids against seller asks to determine execution prices. Decentralized exchanges utilize automated market makers calculating prices through liquidity pool ratios. Price aggregators compile data from multiple venues, weighting contributions by trading volume and liquidity depth. Whale transactions move large BTC quantities between wallets, signaling accumulation or distribution intentions. Exchange inflows precede potential selling pressure; exchange outflows indicate self-custody transfers. Miner behavior influences BTC supply dynamics: hash rate increases signal operational expansion while decreases suggest capitulation. Difficulty ribbons compress when weaker miners shut down equipment, historically preceding price recovery phases.