Bitcoin's bid leads to 3.5x offer gap

Bitcoin's biggest bid is 3.5x its biggest offer for BINANCE:BTCUSDT.

Oct 16, 2026

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Bitcoin's bid leads to 3.5x offer gap

Bitcoin's biggest bid is 3.5x its biggest offer for BINANCE:BTCUSDT.

In brief

Bitcoin's biggest bid is 3.5x its biggest offer for BINANCE:BTCUSDT. Bitcoin's largest bid at 80,600 (374 BTC) is 3.5x the largest offer at 82,800 (108 BTC) on BINANCE:BTCUSDT. Originally reported by TradingView.

Order book imbalance

Bitcoin's biggest bid is 3.5x its biggest offer for BINANCE:BTCUSDT.

Current order flow

374 BTC bid at 80,600 versus 108 BTC offered at 82,800.

Market session status

Market session status

Hourly positioning shows short covering: open interest down 0.09%, price up 0.03%.

Key price levels

82,800 (biggest offer), 81,174 (gamma flip), 80,600 (biggest bid).

The bottom line

Bitcoin's largest bid at 80,600 (374 BTC) is 3.5x the largest offer at 82,800 (108 BTC) on BINANCE:BTCUSDT.

Read the original on TradingView

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