Lack Of “Capitulation” Volume Suggests Bitcoin Is Doomed To More Downside
Bitcoin price along with the rest of the crypto market plummeted today in a shakeout of epic proportions. The highly speculative asset class dropped by as much as 50% from highs, some plunging that much today alone due to the market extreme volatility. The top cryptocurrency by market cap is now up more than $8,000 […]
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Data shows the Bitcoin Net Taker Volume has been mostly at negative levels recently. Here’s what this could mean for the asset’s price. Bitcoin Net Taker Volume Has Been Mostly Negative In The Past Month As CryptoQuant community manager Maartunn pointed out in a post on X, the Net Taker Volume suggests a lack of […]
The Dogecoin ETFs have continued to record low demand since they launched last month, indicating the lack of interest from institutional investors in the meme coin. Notably, DOGE has also seen the lowest demand through these ETFs among the top coins by market cap. Dogecoin ETFs Record Dwindling Volume And Inflows SoSoValue data shows that […]
Here's a look at what we are focusing on in the bitcoin price this morning. So we’re off to a fresh week’s trading in the bitcoin price, and with any luck, we’ll get a repeat of the action we saw during last week’s sessions. Volume picked up on the back of raised participant rates, and the frequency of breakout entry opportunities increased. Not only that, but the momentum driven by the volume increase meant that we saw a few nice sustained movements on our entries, and this enabled us to get in and out according to our intraday strategy and stay in until our take profit hit. Those who....
Here's a look at what we are focusing on in the bitcoin price this morning. So we’re off to a fresh day of trading in the bitcoin price, and with any luck, we’ll get some volatility this morning. Volume picked up yesterday evening, and the frequency of breakout entry opportunities increased, but price has remained relatively flat for the early morning session out of Asia. Those who tagged along last week will know we have had some difficulty with our take profits over the last week or so. Not difficulty in the sense that we haven’t been able to get in and out profitably, but that because....
A DappRadar report found that while trading volumes have taken a sharp hit during Q3, the average number of NFT sales for these 10 projects only decreased by 11.55%. Third-quarter trading volume for the top 10 Metaverse projects may have fallen 80% compared to the second quarter, but analytics firm Dappradar suggests that interest in virtual worlds still remains.The Metaverse sector has been hit with a fair amount of negative press as of late, particularly around suggested low user activity across certain platforms, such as Decentraland and Meta — reports which they have refuted. DappRadar....