BTCUSD: volume
As one can see from the 20MA, from April, or even February the BTC trading volume was declining, but the recent rise lead to a slight reversal of the trend, which was slowed down only at the current stagnation. The situation in similar at most of the huge exchanges, not only BitFinex. To early to say that this is an indicator for the bear-market is out of steam, but some light is there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.