Bitcoin volume is extremely low right now. It’s still higher than the 2017 bull run but way down from March 2020 highs (im assuming that was the RONA Crash of 2020?)
What effect does this low volume have on price? I understand what it really does is allow bigger swings to happen as less money is needed to move the market.
I’m curious if anyone can give me some insight?
No one can give you right information as why the bitcoin volume is low. The good thing about low volume is that bitcoin can pump quickly and also dump quickly. If you ask what will be price of bitcoin due to this low volume, I am afraid no can tell precisely. You need to watch the market and see the movements on daily basis.