Capital is voting with its feet: $BTW 1-hour surge of 5.42%
To figure out who’s buying, I’d first watch two things:
Whether there are clusters of large orders during the rally
Whether large sell orders start hitting the market after the price reaches a high
For reference: 24h trading volume of $225 million, 24h +19.16%. If the first is true and the second isn’t, then this move can be considered driven by buying pressure.
#BTW
To figure out who’s buying, I’d first watch two things:
Whether there are clusters of large orders during the rally
Whether large sell orders start hitting the market after the price reaches a high
For reference: 24h trading volume of $225 million, 24h +19.16%. If the first is true and the second isn’t, then this move can be considered driven by buying pressure.
#BTW