Tuesday, November 21, 2017

Big Volume Days

Big price moves are usually accompanied with big volume. With the price changing rapidly, a large number of potential trades are turned into real transactions.

What should be noted in this respect is the relative size of the volume between up days and down days. Up days with higher volume than down days indicate strength and confidence. Down days with higher volume than up days indicate weakness and concern.

As of late, Bitcoin has had more volume on down days than up days.

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