Bitcoin extra puzzle update, OTC volume, who knows, HELP!!

Lets try to figure out and solve this puzzle together :)

In reaction to if we have broken a long term trend line, this was my response. Thought might be worth the read.

I don't want to spoil the bullish mood, but you know i am not the one who sells dreams. But IMO that trend line has no meaning. TA is very subjective, I personally don't use trend lines that much, unless they are very obvious like in a channel or a clear up or down trend. We have seen how many times the market has been fooled this year with those trend line break outs.

The triangle however, from the 8500 probably does/did have meaning, but even that has turned to almost a meaningless pattern, since we are moving sideways out of it with low volume. So when being 100% objective, low volume is a bad sign because it shows there is low interest in this market, BUT, i don't have any numbers of the OTC trading. If that for example has increased allot, has become very big, it could mean that people are buying through OTC to prevent the price from moving. But i have no idea what those numbers are. What we want(ed) to see with Bitcoin is some higher volume around the low like some of the alts have done, for example ETH and ADA. Showing greed from buyers. We see nothing in Bitcoin. But Bitcoin is quite unique, because it's the King of crypto since it is moving different than alts, has made higher lows where alts have made panic lows a month ago. So allot of confusing signs.

What is the reason why i have posted this, i want to ask you if anyone knows a possible way to measure OTC volume/activity. As you know, i am not a tech guy so please don't laugh to hard if i say something crazy here :)

When looking at the charts, we can see volume dropping allot on all exchanges. Now what i am trying to figure out, is there something that measures a certain activity. For example:

- Total daily number of BTC transfers between wallets
- Total volume of BTC transfers between wallets
- Increase of transfers of more than (for example) 50 bitcoins
- Volume/transfers outside of exchanges

No matter what it is, as long as we can see a difference between the past month and the rest of 2018 or maybe even before 2018. I am however afraid, that the BTC transfers/volume can be faked allot because of some whales moving btc around between their own wallets. So it would be best to have something that can NOT be faked, assuming that is even possible in crypto/blockchain.

Goal is: See a change in patterns

Please share your thoughts or info you have and who knows, maybe we can spot something. My general assumption now is, there are 2 options:

1) There is allot of accumulation going on outside of the exchanges (OTC) and that's why each attempt to rally higher has been stopped so far. Why? To keep the price around these levels so the OTC price remains low/stable so investors can get in at the current prices before we say goodbye to the 6K levels.
2) There is nothing going on and the low volume tells us there is no intrest in Bitcoin at these prices, so we have to make that drop to whatever level gets the intrest of potential buyers again, to see money flowing in this market again.


Lets try to figure out and solve this puzzle together :)




Current Bitcoin analysis: