Why is BTC volume so low?
Why is BTC volume so low?
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bout to rocket
doesn't matter. 100K EONM
noone is selling
cus u checkin btc to real usd
check usdt pairs
tether is doing brrrrrrr
because no one is selling
>BItstamp
There's like 20 other exchanges now
whats wrong with bitstamp?
Because no one is actually BUYING.
It's just a manipulated pump, no real new money are flowing in.
The next big volume bar will be red.
Maybe they're mostly buying through PayPal or CB which always buys above market?
there are more exchanges every day, so it's hard to judge volume.
i'd say check the marketcap, but it's littered with data errors.
Whales finally removed their suppression bots. This is BTC's original price action before manipulation
No is trading, it’s just large buyers purchasing and taking BTC off of exchanges
this. A look at okex and huobi spot and one would know the price is pulled up since the 7th by very random 150 btc walls. My guess pump to 18K+ and then a nice 50% retrace
*no one is
Like the user said there are more exchanges now, bitstamp has a much smaller share of the market now. Across all exchanges volume is way up in USD terms.
Brainlet here.
How can price move so much with low volume? Doesn’t price change as a result of trading?
Basically, why line go up?
those who control the order books control the price.
Volume doesn't correlate with price movement. If ten million people buy a single stock and ten million more people sell it, the volume will be 20 million but the price will not move.
Those are weekly candles and its monday you retard
If whales accumulate. It takes less money to move the price up be cause theoreticaly the circulating supply is lower.
no one is selling their precious btc
Cuz you’re a retard who believes the volume meme. No one is trading the future. They are holding so the price goes up. When you see volume goes up, that means faggots are trading and selling.
Monday?
Because we are reaching the equilibrium point, the point where everyone who cares to own bitcoin has exactly as much as they are comfortable with and no one else is interested in buying. It's the sign of a market that is dying.
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For the last month 11 BTC has been sold per hour by miners. 214 BTC per hour has been taken off of exchanges in the same timeframe
Fuggg
WHAT DOES THAT MEAN
it means OP is a faggot
He's showing that we have a lot more volume than we did when we hit ATH