Apr 05 2021

What is the ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin?

published by Shaurya Malwa
in blog CryptoSlate
original entryWhat is the ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin?

analysis btcusd edge price watch

Bitcoin is trading at nearly $66,000 in South Korea. This is not a typo nor a faulty API giving false data either, but a notorious market anomaly from 2017-18 that marked the ‘top’ of the crypto market at the time. Bitcoin mispricing Called the ‘...