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/biz/ - Business & Finance

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53147476 No.53147476 [Reply] [Original]

Btc is spending the majority of the last 12 hours in the 16,830 to 16,860 range.

This seems like a very small gap but I'm not seeing low volume like you'd expect

What does this mean?

>> No.53147710

case and point, that $30 "pump" 2 minutes ago is all we have seen in the last 12 hours but the volume is still high. Why?

>> No.53147970
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53147970

this PA drives me insane. should be 16k by now, who is even buying?

>> No.53148014

>>53147970
Who's selling? If you own a home you're set and the effort of renting out to others isn't worth it
If you don't own a home what would you sell crypto for? Possibly a new car or a medical emergency? I don't see the purpose of selling huge amounts at a low point (inb4 > ) for goyslop

>> No.53148061

>>53147476
>>53147710
This is the accumulation price anon. The volume says it all. Act accordingly

>> No.53148127
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53148127

>>53148014
those who press red button on futures.

spx is about to gigadump, minutes reminded bulltards that JP is still hawkish, jobless claims are bad but btc still holds 16.8

>> No.53149111

>>53148127
I hear you but I just bought more. Ok?