Ignore this

in #ploop3 years ago

Serious question to my charting addicts. Whether you are bearish or bullish... there is a legitimate difference between a 20% move because someone with $300,000,000 decided to buy Bitcoin and a 20% move from exchanges selling USDT for BTC and what is typically vastly fake volume. Does the type of volume not matter for your TA as long as it is volume?

Completely different situations from Bitcoin breaking $6K support because Craig Wright decides to have a tantrum because no one wants to believe he is satoshi, a legit interested whale, and "usual" wash trading market makers.

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