Post
Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Jating
on 01/01/2019, 02:48:37 UTC
Do you think Bitcoin still on the rise in terms of market capitalization ?
Bitcoin volume has dropped in the past three months, but continues to maintain its large share of the market. Maybe once the market regains strength again, the volume will increase.

Indeed, bitcoin dominance rising in the middle bitcoin volume decreasing. But i think the volume will increasing again when market start to recover again. I do believe 2019 will a good year and the price will increasing

I'm sorry but I have to disagree. Bitcoin is not rising because its evident on the price levels. If volume is going up then obviously price is to spike as well. But this year its not the case though, There were some point that even XRP beat bitcoin in terms of daily trade volume.

Dominance is good but it's not a indication. What everyone should learn is to look at the trading pattern so that you can grasp the overall picture of the market.