Currencies33627
Market Cap$ 3.64T+0.84%
24h Spot Volume$ 77.18B+24.9%
DominanceBTC60.21%-0.90%ETH9.32%+3.58%
ETH Gas2.34 Gwei
Cryptorank
MainNewsBitcoin’s Lo...

Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe


by CoinEdition
Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe
  • Rapha Zagury has observed that BTC is stuck in a range.
  • Historical data shows that low-volume periods for Bitcoin led to upside rallies.
  • Bitcoin is hovering around an all-time high (ATH), making investors anxious.

Swan’s Chief Investment Officer (CIO) Rapha Zagury has observed that BTC is in a range. In a recent post on X, Zagury used Bitcoin’s low-volume state to analyze its situation and predict what could happen soon. Zagury revisited his analysis of the flagship cryptocurrency when it was in a similar situation.

In July 2020, Zagury showed that a low-volume period for Bitcoin led to an upside rally. He showed how Bitcoin rallied in 30 days following a month of significantly low trading volumes. For context, the renowned analyst considered a trading volume below 30% low for BTC.

The post Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Defies Odds to Shatter Historical Price Records

Bitcoin Defies Odds to Shatter Historical Price Records

Bitcoin sustained $100,000 trading for 30 days, reaching $111,980 at its peak. Instit...
Positioning For Altcoin Season: Analyst Reveals When To Buy As Bitcoin Dominance Rises

Positioning For Altcoin Season: Analyst Reveals When To Buy As Bitcoin Dominance Rises

As Bitcoin Dominance (BTC.D) rises in the crypto market, analysts are closely watchin...
MainNewsBitcoin’s Lo...

Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe


by CoinEdition
Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe
  • Rapha Zagury has observed that BTC is stuck in a range.
  • Historical data shows that low-volume periods for Bitcoin led to upside rallies.
  • Bitcoin is hovering around an all-time high (ATH), making investors anxious.

Swan’s Chief Investment Officer (CIO) Rapha Zagury has observed that BTC is in a range. In a recent post on X, Zagury used Bitcoin’s low-volume state to analyze its situation and predict what could happen soon. Zagury revisited his analysis of the flagship cryptocurrency when it was in a similar situation.

In July 2020, Zagury showed that a low-volume period for Bitcoin led to an upside rally. He showed how Bitcoin rallied in 30 days following a month of significantly low trading volumes. For context, the renowned analyst considered a trading volume below 30% low for BTC.

The post Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Defies Odds to Shatter Historical Price Records

Bitcoin Defies Odds to Shatter Historical Price Records

Bitcoin sustained $100,000 trading for 30 days, reaching $111,980 at its peak. Instit...
Positioning For Altcoin Season: Analyst Reveals When To Buy As Bitcoin Dominance Rises

Positioning For Altcoin Season: Analyst Reveals When To Buy As Bitcoin Dominance Rises

As Bitcoin Dominance (BTC.D) rises in the crypto market, analysts are closely watchin...