MARKET MOVEMENT Total Average Bitcoin Trading Volume across all exchanges (counting only weekdays) has plummeted drastically in 2022, reaching lows not seen since late 2020, just before we started the bull-run that took us to $69,000. This pattern in trading volume could be shedding some light on what to expect for the rest of the year, and it’s exactly what we’re looking for.
What does this mean exactly?This means that such a drop in average trading volume has historically meant that we’re getting close to a market reversal (being it a bullish or bearish reversal). Considering that we’ve been in a bear market for months, reaching new multi-year lows, we can expect our next move to be to the upside.
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Leaks By @VIPLeaksClub
