According to the top 100 days in bitcoin (weighted traded volume), we have spent a decent amount of time in the $11ks, relatively speaking - 52 days, and that is NOT even including the days that have disappeared off of the chart below $11,284.
I would also like to proclaim that I am having some difficulties figuring out if we are more inclined towards up or towards down.
Of course, my most recent orders to fill had been the buy orders, but when BTC prices are bouncing around $11,500, then we are nearly smack-dab in the middle of my $900 spread between questioning whether the next order to fill is going to be a buy order or a sell order? Which one? Am I giving too much away in regards to where my orders are?
Just saying being around smack dab in the middle of the spread causes a certain amount of cushion either way.. like a feeling that nothing (in regards to the buy/sell orders) is going to be happening, soon.....
I am somewhat o.k. with NOT having very much happen to my orders (price comes to orders, the passive part), and of course, if the BTC price goes higher then the spreads go higher, but sometimes when BTC prices do not seem to be moving very much, then sometimes even I might contribute towards having more "action" by narrowing the spread amounts a wee bit (which might no longer be passive, depending on spin of the situation).
