This is Bitfinex's 'BTCUSD' trading pair, normalized to match the spot prices of every other liquid BTCUSD trading pair.
Bitfinex is almost never aligned with the prices on other spot exchanges. The indicator is candlesticks with normalized price to make it viewable as how price should be, were it not for the strange price premium.
Perhaps it is because their...
![BXBT: Bitfinex BTCUSD Normalized [nb]](https://s3.tradingview.com/n/N31O0ja9_mid.png "Bitfinex BTCUSD Normalized [nb]")
