A valid breakout or breakdown needs volume to confirm it; a breakout on declining volume will usually fall back into the range.
Take this headline, for example: Crypto pulls back in the short term, and a whale's $9.91 million Bitcoin position is liquidated.
Pay close attention to the timing of the price move and the news: whether the price rises before the news comes out or only moves after it breaks makes a difference.
$BTC latest 81760.
Take this headline, for example: Crypto pulls back in the short term, and a whale's $9.91 million Bitcoin position is liquidated.
Pay close attention to the timing of the price move and the news: whether the price rises before the news comes out or only moves after it breaks makes a difference.
$BTC latest 81760.