BITFINEX:BTCUSD   Bitcoin / Dollar
67 4 3
where's the volume? since the low this is attempt #5 to break the yellow resistance zone .
johnrfraser
2 years ago
It seemed to me like we just saw some of the highest weekend trading volume in a long time. No?
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yomofoV PRO johnrfraser
2 years ago
-----i circled in red the volume bars for the previous pumps, our latest failed pump had the weakest volume. i can't even see it.
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johnrfraser yomofoV
2 years ago
Hi yomofo, as I see it, we are in a wedge or pennant right now, so decreasing trading range coupled with decreasing volume makes sense to me.
Looking at a 1D chart over a year span you can see that the last few days, coming up from 166, volume has been very high...so high it even trumps the volumes of the Nov Dec bubble to $1100.
According to the press Bitcoin is dead...according to Volume, it seems to be very much alive! :-)
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yomofoV PRO johnrfraser
2 years ago
im looking at 1h pump candles on a multi day time frame. you're talking about daily candles over a yearly time frame.
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