COMPARISON 24hr VOLUME BTC / CRYPTO CURRENCY BITTREX - POLONIEX
🐒 24hr VOLUME BTC / CRYPTO CURRENCY ( ALT COINS ) and BTC price comparison
I feel like a lot of Bitcoin when purchased goes to Bittrex or Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of BTC traded on Bittrex and Poloniex to see how it correlates with the Bitcoin price.
🐒 The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .
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CHART # 1:
BLUE COLUMN = 24hr volume Bittrex / Poloniex combined
GOLD LINE = BTC PRICE
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SUMMARY
OK I have circled two volume highs and the btc price also made intermediate highs then as well . Now I'm thinking that if Bitcoin runs up again in price in new highs I should be watching the volume on this chart and if the volume makes a high above the last high of 400,398 I will be selling some of my Bitcoin.
We will be posting this daily in hopes to help trade Bitcoin .
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Please get the advice of a competent financial advisor before investing your money in any financial instrument.
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SUMMARY
🐒 Volume Today 187,375
I have not noticed any patterns with the low volume but a possible one with the high volume.
OK I have circled two volume highs and the btc price also made intermediate highs then as well . Now I'm thinking that if Bitcoin runs up again in price in new highs I should be watching the volume on this chart and if the volume makes a high above the last high of 400,398 I will be selling some of my Bitcoin.
🐒 Be sure to check in tomorrow I have found a buy pattern and I will explain how the pattern works
Support your decentralized exchange. Now.
I liked very much what I saw in your profile very good articles, thanks for sharing I hope to continue enjoying your success articles and congratulations again.
Thank you fannyamor
It is a pleasure
Have you had any problems with Poloniex recently?
Many people still are saying that problems persist.
My Only problem has been with the Steem wallet being down at Poloniex and It has given the opportunity to buy Steem cheaper at Poloniex than at Bittrex
great work!!
Polo is on bad reputation this days...
Thanks for update
I hope that you catch the bitcoin arround 2300
Keep the good work
Have a great day
Thanks for the info, I cant afford to buy or invest so I need to blog and curate my ass off! Following you
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