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Bitcoin 24hr volume dips below $6 billion. Good or bad?
| Orange corner | 02/12/18 | | hateful milk tanning salon | 02/12/18 | | Tripping multi-billionaire resort | 02/12/18 | | Orange corner | 02/13/18 | | Tripping multi-billionaire resort | 02/13/18 | | Orange corner | 02/13/18 | | Tripping multi-billionaire resort | 02/13/18 | | chestnut point new version | 02/14/18 | | Orange corner | 02/25/18 |
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Date: February 12th, 2018 9:55 AM Author: Orange corner
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: hateful milk tanning salon
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: Tripping multi-billionaire resort
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: Orange corner
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: Orange corner
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: Orange corner
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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