BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
69 4 3
where's the volume? since the low this is attempt #5 to break the yellow resistance zone .
It seemed to me like we just saw some of the highest weekend trading volume in a long time. No?
yomofoV PRO johnrfraser
-----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.
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 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! :-)
yomofoV PRO johnrfraser
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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