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?
little volume because some traders have left the market after Bitcoin halving, there is no fomo anymore for now, the accumulated zone will be in the range of $ 7000- $ 9000 in my opinion