I am not able to conclude anything but
1. there are 3 huge gap/demand in traded BTC volume
- Gap 2,3 are to be filled but no one is going to get hurt
- if Gap 1 is going to be filled, there must be a big dump to reach the level.
2. Bulls that accumulates BTC after 2021.1.1 are at even at this point
3. Bulls that accumulate after 21.7.1 are in deficit
4. Bulls that accumulate from the capitulation are at even
*Please feel free to share your ideas on mine
I see vwap as the avg.price of a trader who start at a certain point of time then participate every transaction as a same portion of his/her fund to the volume traded.
1. there are 3 huge gap/demand in traded BTC volume
- Gap 2,3 are to be filled but no one is going to get hurt
- if Gap 1 is going to be filled, there must be a big dump to reach the level.
2. Bulls that accumulates BTC after 2021.1.1 are at even at this point
3. Bulls that accumulate after 21.7.1 are in deficit
4. Bulls that accumulate from the capitulation are at even
*Please feel free to share your ideas on mine
I see vwap as the avg.price of a trader who start at a certain point of time then participate every transaction as a same portion of his/her fund to the volume traded.