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RE: BTC Bulls Are Emerging

in LeoFinance3 years ago

The volume is significant, there are people who believe that the fact that there is more volume moving in the last 24 hours is negative but it is quite opposite, the more volume the more buying force enters the market, on the contrary, the less volume. ..possible disaster. What you also have to control is the greed and fear index since we are in "Greed" mood and that is positive although it could lead to the bulls taking some profit (60k is an extremely strong psychological level). Today we have quickly touched the 60k to retest the 58.3 area, a great support in my opinion, if we manage to stay above it it is very likely that we will see high volatility and BTC coming back to its ATH, probably sooner than people expect.

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Sorry for a late response but I was quite busy yesterday.

Sure, the volume is important and most of my trades are based on the trading volume.

#BTC bulls are back.