Big money’s moves are more honest than slogans: “CPI came in above expectations, putting U.S. stocks and BTC under renewed pressure.”
I’ve observed three patterns in the relationship between discussions on the Square and trading volume:
· High buzz + rising volume: money is flowing in, giving the buzz staying power
· High buzz + unchanged volume: usually just a lively comment section—a passing fad
· High buzz + falling prices: there’s more disagreement in the discussion; watch to see if anyone steps in to buy
$BTC currently has a 24-hour trading volume of $1.384 billion, down 1.25% over 24 hours. Which pattern do you think this is?
I’ve observed three patterns in the relationship between discussions on the Square and trading volume:
· High buzz + rising volume: money is flowing in, giving the buzz staying power
· High buzz + unchanged volume: usually just a lively comment section—a passing fad
· High buzz + falling prices: there’s more disagreement in the discussion; watch to see if anyone steps in to buy
$BTC currently has a 24-hour trading volume of $1.384 billion, down 1.25% over 24 hours. Which pattern do you think this is?