29/12/13 - 9/1/14 is the date range in which to expect high volume.
The minimum trading days where high volume is seen so far is around 11days and maximum is 22 days.
It is therefore likely that we are now at a period to observe day(s) of high volume and volatility in BTCUSD.
Comments
atrader
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Lets see Thomas, I just see it as more likely, the word prediction is a bit stronger.
ThomasVeil
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At least half of those high volume days were because of very specific news. I don't think that it is reasonable to draw predictions from that data.
atrader
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To expect a high volume day I guess we will have to look intraday i.e. using the 120min chart and if a volume above 10K is seen then its more likely to have a volatile day. It is interesting since a large volume can bring in volatility of $260 (35%) as seen on 18/12/13.
Probably if a good breakout point is seen, it could pay entry happens and volume sends price
amin3798
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Are we expecting a rally or a sell of due to the volatility. Great work
atrader
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Thanks amin, I would skip going short (unless there is a very good reason to do so in an intraday chart) since the Moving Averages are still bullish. In case it goes down, then can wait for another opportunity to enter a trade.