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Bitcoin 24hr volume dips below $6 billion. Good or bad?
| white jap | 02/12/18 | | pearly big stead | 02/12/18 | | Lime swashbuckling hospital | 02/12/18 | | white jap | 02/13/18 | | Lime swashbuckling hospital | 02/13/18 | | white jap | 02/13/18 | | Lime swashbuckling hospital | 02/13/18 | | lavender locus liquid oxygen | 02/14/18 | | white jap | 02/25/18 |
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Date: February 12th, 2018 9:55 AM Author: white jap
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: pearly big stead
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: Lime swashbuckling hospital
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: white jap
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: white jap
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: white jap
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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