Post
Topic
Board Speculation
Re: Bitcoin Price Fails to Record Big Breakout But Market Remains Bull-Friendly
by
jamids
on 06/10/2018, 00:11:12 UTC
Over the past 24 hours, despite the promising price movement of Bitcoin from low $6,500 to $6,600, BTC has fallen back down below the $6,600 mark. Traders have offered contrasting viewpoints throughout the past two days. Some have said that the low volume of Bitcoin is a concern for the market while several stated thatThe post Bitcoin Price Fails to Record Big Breakout……

https://www.trackcoinmarket.com/en/crypto-news/31786/bitcoin-price-fails-record-big-breakout-market-remains-bull-friendly

As for me, it is just normal that bitcoin has low volume when it is moving sideways but if you observe it when it is increasing then volume increased with it too. Just like happen last year when the end of the year, there is even a bear market first before the bull market happened and along with the price increase, the volume slowly increased as well that caused a parabolic move because of the high demand but then I would still prefer if there is stable movement up instead of sudden movements because its downfall would be big too if ever.