How can we compare volumes between exchanges with and without charges? They are just not comparable.
However, the volumes by the exchange its self are comparable. If we compare current volume of BTC-China with its past volume, we see it has resumed to volume of last bubble. The same happens on Huobi, Okcoin and Bitfinex.
Why volumes increase to or close to those of last bubble, in a downtrend market? Does that mean we are close to bottom? Anyone to comment?
Means someone is selling a lot, instead of buying a lot.
So we are in a down bubble, not an up bubble