Bitcoin Weekly Perspective Chart

in #bitcoin3 years ago (edited)

A comparison of past bitcoin correction relative to its volume, on November 2019 bottoms after the big selling volume, the next weekly volume shoot up big higher than volume moving average (white line), the same thing happen during covid crash on march of 2020 a follow up of a big buying volume that break the volume MA. At present correction there were no follow up big buying volume that breaks the volume MA so I'm waiting for that before ill look for a buy set set up trend following strategy, for now I need more confirmation that the bulls are in full control..
What's you're opinion about this?? comment down
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