70% gain in BTC over 14 days, but volume doesn't show top

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 7, 2017 5:17 AM

A 70% gain in the last 14 days is huge (third biggest 14-day run in Bitcoin history?). We haven't seen that kind of movement in Bitcoin since 2013.

Looking back to 2013's 14-day runs of 160% (March) and 220% (November), there are some huge volume swells accompanying them.

We aren't seeing those volume swells yet, so I'm going to buckle my seat belt and HODL.

Volume Fundamental Analysis

Comments

malice

⋅ Dec 7, 2017 6:10 AM

Where are you getting volume from? What exchange? All? Just BITFINEX?

Gerbus

⋅ Dec 7, 2017 2:01 PM

@malice, just BitStamp

cryptocat2

⋅ Dec 7, 2017 6:00 AM

I think the volume is lower as the price is higher.

Gerbus

⋅ Dec 7, 2017 2:10 PM

@cryptocat2, how do you figure that? I'm looking for exhaustion moves as defined here: investopedia.com/articles/technical/02/010702.asp