noting a few points where the volume has dropped to sustained low averages, we can spot a trend of significant price action response with the return of significant volume.
leaning slightly bearish on the short term for btcusd as alt coin volume is an outlier. alt coin volume was drastically lower over all of the time captured in this view until the last few weeks.
leaning slightly bearish on the short term for btcusd as alt coin volume is an outlier. alt coin volume was drastically lower over all of the time captured in this view until the last few weeks.
Note
volume never made it back above the levels highlighted... invalidated mid-September really as it volume dug even deeper.we have been in this very low volume environment since then and am yet to see signs of it returning
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.