BTCUSDT Low Volume Despite the ATH
BTCUSDT has recorded an ATH recently but the trading volumes are extremely low.
Whales have bought at the average deep price of 22K$ (as the high volume shows) and after 1-2 years their 200% profit would be logical enough to be liquidated.
Usually during the price deeps volume rushes and during the ATH's the volume gets to its minimum value.
The last week's candle is one the longest ones among 10 previous weeks but its volume is among the lowest ones of the same 10 weeks. All the evidence shows the whales are selling bit by bit at the high prices, however it's not well-known when the trend reversal will begin.
Whales have bought at the average deep price of 22K$ (as the high volume shows) and after 1-2 years their 200% profit would be logical enough to be liquidated.
Usually during the price deeps volume rushes and during the ATH's the volume gets to its minimum value.
The last week's candle is one the longest ones among 10 previous weeks but its volume is among the lowest ones of the same 10 weeks. All the evidence shows the whales are selling bit by bit at the high prices, however it's not well-known when the trend reversal will begin.
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