What comes next, I wonder?
>all of plebbit has bought in
>all of Jow Forums has bought in
>shorts have been absolutely massacred
>crypto shilling media intensified to autistic levels
>no news
You Are Here
Levi Hill
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Brody Barnes
dump it
Nicholas Gray
You see, I think the same, but wouldn't it be better if it stay propped for a little longer so more people FOMO? What MAs are those btw
I think $6k is a meme perpetuated to entice people to hold on and miss the top. I'd be fine with any case desu
Charles Martin
you forgot how we got here with a single 20k btc buy on 3 different exchanges at the same time
if that's not a short squeeze I don't know what is
Joseph Fisher
50, 100, 200 Weekly
Cameron Flores
Luke Ward
Check out this historical volume chart for BTC
Asher Bennett
Something to possibly keep in mind is that a giant short squeeze is often how a bear market reverses.
Adam Edwards
>all of Jow Forums has bought in
Wrong. I haven't bought. My deposit didn't make it to the exchange in time.
Jaxson Hughes
Now look at the 2013-2015 bear market. The end of the 2013 bull market, and the end of the 2015 bear market, are characterized by massive volume spikes.
However, between these two points, there is a pretty large short squeeze around May of 2014. Look at the volume there, it is really low.
Now compare that volume with our current volume. We also just had a short squeeze and a crazy large wick up, but the volume just doesn't match. We still need to see a massive volume spike to confirm that the bear market has ended. Don't be a noob, we're no out of the woods yet. I'll even namefag this one so I can own my prediction publicly.
Eli Baker
Yeah, but the volume just isn't there. This is manipulation, and you are all falling for it.
Christopher Kelly
If the volume is there you won't see it for another couple of days asshat these charts aren't live action they are delayed
Jaxon Reed
>crypto shilling media intensified to autistic levels
>"Whatever the explanation for Bitcoin's latest surge, there’s no good reason to turn bullish on crypto"
twitter.com
Christopher Walker
Julian Sanchez
No it's not, literally go on any major exchange.
William Phillips
wow, such volume
Jaxson Reed
bitcoin always has been manipulated how on earth are you going to predict this?
Elijah Jackson
Not disagreeing with the theory that this is bull trap (maybe) BUT the volume on Coinbase (where the volume is ACTUALLY REAL) is insane over the past 48 hours, undeniable
Jacob Jones
i want to believe as much as anyone else but i'm looking now and the volume really isn't there
Brandon Allen
not really
Eli Gutierrez
>the volume on Coinbase (where the volume is ACTUALLY REAL) is insane over the past 48 hours
Wut. The weekly volume is less than that from mid December and the move is way bigger.
Angel Cook
This has been the largest spike in volume since the 2017/2018 bubble, actually.
Oh, you aren't looking at BTC/USD - that's why. Pic related.
Joshua Hall
you need more lines on that chart, there aren't enough
a chart needs at least 200 lines on it, of all colors, otherwise the analysis is invalid
Jaxon Rivera
>no news
SEC literally published a framework that takes the BTC ETF and institutional investor money a step forward. Get gud fagget
Easton Green
not an argument
William Young
again, i badly wish to believe, but i'm really having to hunt through charts to find one where volume is very significant in the last two days. idk what chart this is but yeah it looks great. just not what i'm seeing anywhere else.
James Adams
well one year ago ( almost to the day ) short got squeezed as well and we went from 6k to +7k and kept pumping all the way to 10 then we know what happen ...
Jackson Davis
Which exchange is pic related?
Here's binance BTC/USDT
Brody Hill
Yeah, I feel you. I still don't think it's the start of the bull run, but the volume does appear significant. In fact, I've been surprised that most volume since the bubble popped and we're bleeding out slowly has been comparable to the volume during the bubble itself. You'd think the volume would follow the hype and decrease during this period...
Binance - BTCUSDT
Justin Scott
Oh, yeah if you use 1M, you'll get a smaller volume because this month isn't over yet - On smaller intervals where the numbers are in, it's clear that the spike was abnormal. Granted, maybe the rest of this month will be low and the 1M volume will wind up normal - who knows.
Joseph Smith
How am I this smart
Hunter Perry
It was literally nothing, it's not even a legal document.
Easton Miller
also, tether only has a 2 billion market cap
btc alone has almost 100 billion, so tether should count for very little of total trading volume
Adam Walker
Yeah, but volume in the past 2 days is already at almost $1B USDT. Half of USDT's entire market cap has flowed through BTC in 2 days.
Camden Edwards
Any recommendations for charts showing BTC/USDT and BTC/USD across multiple top exchanges?
Kevin Morgan
>he doesn't know
last bull run was initiated by the fake tether pump
this time it's the fake volume swapping taking advantage of actual low volume (lead by shitmex)
It's a mad clown world, just because it doesn't make sense doesn't mean it won't continue to happen
David Collins
Fuck man you just reminded me about this web app I found on Jow Forums one time that had live aggregated 1 second candles and buy/sell pressure from like 7 exchanges, that I REALLY wish I could find again. I think it was a .io domain, but I'm not sure. Fuck I wish I had that site, not even sure if it's still online anymore.
Meh, I'd say just use TradingView honestly, pretty easy to switch between data sources. If you want a compiled/aggregated one, look around or make your own :D