I don't think that there is that much of volume of Bitcoins at present. I guess the volume of Bitcoiners sure may have increased but those with the maximum shares have liquidated their shares. So I don't think the volume of BTC is this high
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Nope, it sure isn't, and we're about to see if we can even make it to $10,000 by Sunday.
The last time BTC had reached a low point it had a huge volume spike and moved up sharply.
Now we don’t see much enthusiasm. In fact the volume seems to be declining even though the price is rising.
I would like to see the opposite, volume picking up along with the price.
Remember, the price can still rise without the volume, because those are the bad actors baiting people in, so that they can pull the rug out from under their feet once it hits a certain price... you know how the games is played my friend.
Absolutely.
The price has risen without volume in the last rally also.