The movement of funds is often hidden in trading volume: “CPI Preview: December Interest Rate Outlook Faces a Crucial Test”
I’ve observed three patterns in the relationship between buzz on the community forum and trading volume:
· High buzz + rising volume: funds are genuinely flowing in, giving the market momentum to keep going
· High buzz + flat volume: it’s mostly just talk, and usually dies down quickly
· High buzz + falling prices: discussions are mostly driven by panic; watch to see if buyers step in below
$BTC Current 24h trading volume: $870 million, 24h -0.71%. Which pattern do you think this is?
#BTC
I’ve observed three patterns in the relationship between buzz on the community forum and trading volume:
· High buzz + rising volume: funds are genuinely flowing in, giving the market momentum to keep going
· High buzz + flat volume: it’s mostly just talk, and usually dies down quickly
· High buzz + falling prices: discussions are mostly driven by panic; watch to see if buyers step in below
$BTC Current 24h trading volume: $870 million, 24h -0.71%. Which pattern do you think this is?
#BTC