SeanBronato

Neutral volume/price analysis on Bitcoin day chart BitStamp

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I'm illustrating this just to mostly illustrate a point about use of volume in price analysis. Bitcoin right now seems to be a battle of small groups or single people perhaps even who are both trying hard to influence market here. Perhaps a semi-larger group (maybe miners again or exchanges) are trying to support price. One large seller or a small group seems to be trying to hunt for stop-losses and or break support lines long enough to influence more downside. Hope this helps someone, this is just my thinking and ideas. DYOR!

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