The cryptocurrency king may want to rest until the price of 30,000 Why? 1- Divergence in volume 2- Resistance area of trend lines And it is more probable if the price can not exceed the price of 65 thousand
The volume is obviously dropping long term because the price went up like mad since its inception. 200btc in 2016 vs 200btc today is a whole world apart. In the long run it became useless. You better use $ volume. Having said that, I'm not saying you're wrong at all. We'll see. Thumbs up!
AminChatrrouz
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@apsnt, Hi thanks for commenting
Let me think and read a little about this
AminChatrrouz
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@apsnt, Hello again, thank you for your good question
I think because Bitcoin used to be traded against the dollar, but now TETHER is traded more
As a result, trading volume in dollars has decreased and trading volume can no longer be used on Bitcoin
cryptospawn
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Just out of curiosity... Can you please explain why you feel it's more profitable if the price doesn't exceed 65k? Thank you.
AminChatrrouz
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@cryptospawn, Hi, I wrote: Probably, and I did not write: Profitable
thanks for commenting
cryptospawn
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@AminChatrrouz, AHHH! Good catch man. My apologies as I misread it. And thank you for pointing that out because I wanted to understand your post. In any case I'm sure hoping for an epic dump down to 30k or better, that would be awesome indeed. I sure as heck hope you're right.