BTC-USD, does history repeat itself?
BTC-USD is known to anyone as volatile and an unpredictable asset. However, Volume is trending downwards, which in previous 
BTC uptrends has shown to be a somewhat solid indicator that the price can potentially drop-off. Just look at the beginning of 2018 where volume started to trend downwards (BTC all-time high in December). Next, take a look at the 2019 summer tops, in August the 50EMA for volume started to trend downwards. What happened? Big drop-off. Now, we are in 2020, we have seen an impressive rise in price from the March lows, but the 50EMA for volume is starting to trend downwards. Will history repeat itself? Idk, but I will be playing this carefully at least for now
BTC uptrends has shown to be a somewhat solid indicator that the price can potentially drop-off. Just look at the beginning of 2018 where volume started to trend downwards (BTC all-time high in December). Next, take a look at the 2019 summer tops, in August the 50EMA for volume started to trend downwards. What happened? Big drop-off. Now, we are in 2020, we have seen an impressive rise in price from the March lows, but the 50EMA for volume is starting to trend downwards. Will history repeat itself? Idk, but I will be playing this carefully at least for now
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