Who Sets The Price Of Bitcoin?

Learn to buy anonymous Bitcoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss how arbitrage helps to drive the global price of Bitcoin.

Arbitrageurs can buy or sell Bitcoin on different exchanges or OTC desks, or even in different countries, in an effort to profit from the small price differences. This arbitrage causes the price of Bitcoin to converge globally.

Countries without well-established Bitcoin exchanges or with capital controls may see persistent premiums that cannot be arbitraged away.

In places that are considering banning Bitcoin, Bitcoin tends to trade at a premium price-- which gives us a glimpse into the upside price potential that might occur in countries that ban Bitcoin.

Not investment advice! Consult a financial advisor.

CME Bitcoin futures:
https://www.cmegroup.com/markets/cryptocurrencies/bitcoin/bitcoin.quotes.html

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Bitcoin price map:
https://bitcoinpricemap.com/

Bitcoin kimchi premium:
https://learn.bybit.com/trading/what-is-kimchi-premium/

Countries with Bitcoin premium prices:
https://cointelegraph.com/news/bitcoin-price-which-countries-have-the-biggest-premiums
https://forkast.news/bitcoin-india-premium-higher-south-korea/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#crypto
#arbitrage

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