The daily volume at 4200-4400 is like 5x what it was for those 3 months we traded at 6k.
What does this mean for BTC?
I think a lot of smart people are scooping up cheap BTC. Hundreds of thousands, likely millions of BTC have been traded in this price range over the last few days.
Regardless of the next move, someone is going to get rich and someone is going to get rekt.
Wasn't 'smart money' supposedly buying up loads of crypto at the 6k-ish range?
Perhaps they did, only to dump the market harder once they accumulated enough.
Rinse and repeat. There's something behind the scenes going on with crypto right now (let's just say the Dems are losing bad), and this will keep crashing.
Eli Scott
>largest volume >largest dumps
it's not rocket science
William Cox
Federal reserve banks are manipulating it before the ETF to acquire as much as possible.
lmao protip: they can't and you should stop shill for rich elites and ws fucks to attack fed for lower interest and more cheap liqudity, you wall street minion
David Howard
Yeah sure.
Hope you haven't invested more than you can afford to lose.
Jayden Edwards
Sweetie, there is no ETF coming thanks for bcash kikes