👀 Smart money is watching this: “Bitcoin dominance rebounds to 60%”
I’ve summed up three scenarios for the relationship between buzz and trading volume in the community:
· High buzz + rising volume: money is really flowing in, so the momentum can last
· High buzz + flat volume: it’s mostly talk and likely to blow over
· High buzz + falling prices: there’s more disagreement in the discussion; watch to see if buyers step in below
$BTC currently has a 24h trading volume of $1.314 billion, up 0.14% over 24h. Which scenario do you think this is?
I’ve summed up three scenarios for the relationship between buzz and trading volume in the community:
· High buzz + rising volume: money is really flowing in, so the momentum can last
· High buzz + flat volume: it’s mostly talk and likely to blow over
· High buzz + falling prices: there’s more disagreement in the discussion; watch to see if buyers step in below
$BTC currently has a 24h trading volume of $1.314 billion, up 0.14% over 24h. Which scenario do you think this is?