Big money moves speak louder than slogans: #BitcoinLifeInsurerMeanwhile raises $37.5 million
I’ve observed three patterns in the relationship between buzz on the plaza and trading volume:
· High buzz + rising volume: money is flowing in, so the price action has staying power
· High buzz + flat volume: it’s just chatter in the comments—a passing gust
· High buzz + weakening price: there’s probably disagreement in the discussion; watch to see if anyone steps in to buy the dip
$BTC Current 24h trading volume: $1.626 billion, 24h -0.55%. Which pattern do you think this is?
#BitcoinFallsBelow81000 #BTC
Don’t treat this as a buy or sell signal.
I’ve observed three patterns in the relationship between buzz on the plaza and trading volume:
· High buzz + rising volume: money is flowing in, so the price action has staying power
· High buzz + flat volume: it’s just chatter in the comments—a passing gust
· High buzz + weakening price: there’s probably disagreement in the discussion; watch to see if anyone steps in to buy the dip
$BTC Current 24h trading volume: $1.626 billion, 24h -0.55%. Which pattern do you think this is?
#BitcoinFallsBelow81000 #BTC
Don’t treat this as a buy or sell signal.