đł Capital Flow Notes: âBitcoin climbs back above $82,000â
Iâve observed three patterns in the relationship between buzz on the Square and trading volume:
· High buzz + rising volume: money is really flowing in, so the rally has staying power
· High buzz + unchanged volume: itâs all talk, and the hype fades quickly
· High buzz + falling prices: thereâs more disagreement in the discussion; watch to see if buyers step in at lower levels
$BTC currently has a 24-hour trading volume of $1.094 billion, up 1.24% over 24 hours. Which pattern do you think this is?
Iâve observed three patterns in the relationship between buzz on the Square and trading volume:
· High buzz + rising volume: money is really flowing in, so the rally has staying power
· High buzz + unchanged volume: itâs all talk, and the hype fades quickly
· High buzz + falling prices: thereâs more disagreement in the discussion; watch to see if buyers step in at lower levels
$BTC currently has a 24-hour trading volume of $1.094 billion, up 1.24% over 24 hours. Which pattern do you think this is?