Let the Chart Do the Talking | Glassnode: Trading volume on major Bitcoin exchanges and U.S. spot ETFs remains above pre-August rally levels
A valid breakout needs volume to back it up; breakouts without volume often fall back into the range. I’ll compare trading volume with the previous few days to see whether there’s been a noticeable change.
Positive news is more convincing when accompanied by rising volume. Be cautious when the reaction comes on declining volume.
$BTC Current price: 80,500.
A valid breakout needs volume to back it up; breakouts without volume often fall back into the range. I’ll compare trading volume with the previous few days to see whether there’s been a noticeable change.
Positive news is more convincing when accompanied by rising volume. Be cautious when the reaction comes on declining volume.
$BTC Current price: 80,500.