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Bitcoin 24hr volume dips below $6 billion. Good or bad?
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Date: February 12th, 2018 9:55 AM Author: demanding bateful goal in life
hasn't been this low since early Dec. Mind you there was 1/3 as much tether bach then.
People say low volume is good for a bull run, but maybe the juice is just gone.
(http://www.autoadmit.com/thread.php?thread_id=3890596&forum_id=7",#35382913) |
Date: February 12th, 2018 10:49 AM Author: Heady Bossy Degenerate Plaza
At the very least, low volume right now means people are not rapidly selling and therefore BTC is not crashing.
Given the past month, I'm putting that in the "W" column.
(http://www.autoadmit.com/thread.php?thread_id=3890596&forum_id=7",#35383271) |
Date: February 12th, 2018 12:37 PM Author: maize pontificating shrine
We're in a slight bear market if you look at the charts
Not sure volume means much in this respect since it's all robots daytrading using algos and they won't trade unless there's movement
(http://www.autoadmit.com/thread.php?thread_id=3890596&forum_id=7",#35384298) |
Date: February 13th, 2018 7:39 PM Author: demanding bateful goal in life
volume continues to drop even as buyers try to spark a break out
people waiting for bull run but resistance around 9k is building
expect heavy shorting at 9k and up though
(http://www.autoadmit.com/thread.php?thread_id=3890596&forum_id=7",#35396755) |
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Date: February 13th, 2018 11:26 PM Author: demanding bateful goal in life
volume is low enough that it just follows btc now
trades slightly behind
could see a ETH specific breakout though
(http://www.autoadmit.com/thread.php?thread_id=3890596&forum_id=7",#35398347) |
Date: February 25th, 2018 10:49 AM Author: demanding bateful goal in life
back to low volume
last time we got a nice pump out of it, but this time it could be different (symptom of a bear flag)
One thing is clear, medium/high volume is only sporadic
(http://www.autoadmit.com/thread.php?thread_id=3890596&forum_id=7",#35482846) |
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