Community post
Ignore this
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.
Replies (2)
Hi, @jpederson96!
You just got a 4.49% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.