The $BCH 5-minute trading turnover was approximately $2.32 million, 15.1 times the previous average; during the same period, the price fell 0.37%.
Let’s talk about what’s behind this figure.
Every trade has both a buyer and a seller, so increased volume alone doesn’t mean more people are buying or that money is flowing in—it only means that trading has become more frequent.
All indicators summarize price movements that have already happened, and the market could just as easily move in the opposite direction.
Don’t take this as advice.
Let’s talk about what’s behind this figure.
Every trade has both a buyer and a seller, so increased volume alone doesn’t mean more people are buying or that money is flowing in—it only means that trading has become more frequent.
All indicators summarize price movements that have already happened, and the market could just as easily move in the opposite direction.
Don’t take this as advice.