Extremely high buy volumes in the early days of February have not closed out their positions yet. The buy and sell volumes that have transpired are alternating very rapidly and at high percentages, this is typical of 'dumb money' and new day traders frantically buying and selling with every green or red candle. Given the volume of these kinds of trades, the high...
Sorry I'm new to this platform, don't hate on my un-sightly graphics
Assumptions:
1. The majority of transactions for BTC and BCH are completed by speculators, because:
High fixed costs in entering a profitable mining cycle means miners enter the market based on their long term projections from the fundamental aspects of the coin, not short-medium term TA.
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