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amir025
Apr 27, 2019 9:07 AM

BTC volume analyze Short

Bitcoin / U.S. dollarBitstamp

Description

negative divergence between price and volume . this is means we are in the bearish market
Comments
The_black_swan
Don't fomo, bears will come back

amir025
@blacksun, thank you for sharing
The_black_swan
@amir025, Thanks for your analysis. I especially think it is important to look at the volume.

However, you're looking at the volume on one specific exchange which actually deviates a lot from the overall volume on all the exchanges.

If you look at CoinMarketCap total volume across all exchanges, you will see that the volume in April surpassed ATH of Dec 17 and Jan 18.

Bitstamp does not reflect this, because it lost popularity since then, plus there are many more exchanges today, and that dilutes the volume on single exchange.

I was surprised to discover that and I almost FOMOed in when I saw it, because that puts us exactly on your 3rd volume candle of Jun 19.

Total volume across exchanges in Dec 17 : 60B / Apr 19 : 80B
joeohs
Im actually really intrigued by this fractal pattern. Its something different that will be very interesting to see play out. Following this one ;) keep up the great work!
amir025
@joeohs, thank you for your support !
go8686
Can't agree with you more by using Bitstamp.
Here is why:
What does USD mean in Crypto World? Is BITFINEX Heaven or Hell?
GarethSA
are you saying we going to 950?
amir025
@GarethSA, I have not said we going to 950 $
you can see my other ideas . I think we can reach 1600-1800 $ In June
amir025
@amir025, or Maybe we'll see a shadow to 1300$
CryptoEngineering
My recent altcoin strategies are also depending on BTC. Let's see how it goes!





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