scinar03

If this is the new era where is the volume??

BITFINEX:BTCUSD   Bitcoin
I am worrying guys. The last pump lasted for 3 months (the last month saw a major crush). We are at the month 3, the last two months candles were just as tall as in 2017, but where is the volume?? Last time it was far far greater. Everyone sold out throughout 2018 and at the beginning of the pump so big players can push it up with no effort. I was watching BTC for the past 3 weeks - green pumps happen right at the end of 4hr/day/week candles. Huge candles at a very low volume. Just saying guys, I am looking at the chart and it doesn't look natural. We didn't have a healthy pullback from the very beginning. I will believe that this is a new era when I'll see a healthy pullback of at least 30%.

Again - the 2017 parabolic bull run only lasted for 3 months and it caused a 1.5 year long bear market. This bull run is completely vertical and the volume is very low....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.