Volume has been increasing around this $3,600 level
Could that be a sign of a bottom?
Yes, yes it could.
Prices tend to bottom and peak with larger volume than normal traded.
We aren't seeing a huge surge of volume increase just yet, but the numbers are steady increasing around these levels:
(Source: https://twitter.com/until1mil/status/1084849397492523008)
I would normally like to see a V shaped recovery but we may not get that during this recovery.
We may get a rounding bottom U shaped recovery.
I do like rounding bottoms. :)
Bottoms Up! 😁👍😁
Rounding bottom for the win!