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To: GunRunner

Price has fallen the last 6 months by 50% and so has volume. Volume should have gone up as the price fell. It didnt.


63 posted on 05/09/2022 4:01:46 PM PDT by BiglyCommentary
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To: BiglyCommentary
Price has fallen the last 6 months by 50% and so has volume. Volume should have gone up as the price fell. It didnt.

Daily volume has followed an almost identical weekly pattern for the last 6 months, and transaction value is steady over the same 6 month period.

I thought you said “a few of years ago” was the peak. Now you’re measuring from the historical high 6 months ago? Did bitcoin lose its value as a speculative asset “a few years ago” or 6 months ago; it’s not a trivial difference.

67 posted on 05/09/2022 4:15:47 PM PDT by GunRunner
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