Where the money is going: here’s a clue: #巴西加密交易所须周五前申请牌照
I’ve observed three patterns in the relationship between buzz on the forums and trading volume:
· High buzz + rising volume: money is really flowing in, so the market has staying power
· High buzz + unchanged volume: it’s probably just lively comments—a passing fad
· High buzz + falling prices: the discussion is mostly driven by fear; watch to see if anyone buys the dip
$BTC has a 24h trading volume of $1.114 billion, down 0.5% over 24h. Which pattern do you think this is?