Post
Topic
Board Speculation
Re: The Bounce is Official
by
trace666
on 10/12/2013, 07:30:37 UTC
Two words:  low volume.
Now that might change but until it does it doesn't show any conviction in the reversal.
I don't quite buy the low volume argument (whatever it may indicate for future price movements).
http://data.bitcoinity.org/#caaaaddgaa
Yesterday there was quite a bit of volume, in particular on btcchina. Not as much as in the last few days during the crash, but more than last month's average.