Bitcoin Historical Volume Check
There's been very low volume during this most recent sprint towards ATH for Bitcoin. This is a classic warning sign to trade with caution and implies volatility. Traders should note the recent restrictions China has placed on Bitcoin and the affect the country has on mining (it's huge).
China has a long history of currency manipulation and one should not discount the possibility that these current Bitcoin events are just another avenue for communist sham.
Is this a simple supply & demand run on Bitcoin due to the most recent China legislation? What happens if China reverses course or if other countries follow its lead?
Caution.
China has a long history of currency manipulation and one should not discount the possibility that these current Bitcoin events are just another avenue for communist sham.
Is this a simple supply & demand run on Bitcoin due to the most recent China legislation? What happens if China reverses course or if other countries follow its lead?
Caution.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.