What are the whales thinking? #港证监会拟限加密及交易所字眼
I've observed three patterns in the relationship between buzz on the forum and trading activity:
· High buzz + rising trading volume: money is flowing in, so the market trend is more likely to last
· High buzz + no change in trading volume: it's mostly just talk, and the excitement soon fades
· High buzz + falling prices: discussions are mostly driven by panic; watch to see whether anyone buys at lower levels
$BTC Current 24h trading volume is $1.184 billion, 24h +0.12%. Which pattern do you think this is?
#BTC
I've observed three patterns in the relationship between buzz on the forum and trading activity:
· High buzz + rising trading volume: money is flowing in, so the market trend is more likely to last
· High buzz + no change in trading volume: it's mostly just talk, and the excitement soon fades
· High buzz + falling prices: discussions are mostly driven by panic; watch to see whether anyone buys at lower levels
$BTC Current 24h trading volume is $1.184 billion, 24h +0.12%. Which pattern do you think this is?
#BTC