$BTC 5-minute trading turnover rose to 9.3 times the average, while the price moved +0.08%.
After a volume spike, there are usually three things to watch:
1) Price direction: no clear signal yet
2) Whether elevated volume continues—a single spike can be a one-off
3) The highs and lows during the volume spike, which often become short-term pivot points
If it were you, would you make a move or wait a little longer?
#BTC
These are just my personal views. Make your own decisions about buying and selling.
After a volume spike, there are usually three things to watch:
1) Price direction: no clear signal yet
2) Whether elevated volume continues—a single spike can be a one-off
3) The highs and lows during the volume spike, which often become short-term pivot points
If it were you, would you make a move or wait a little longer?
#BTC
These are just my personal views. Make your own decisions about buying and selling.