Regarding Bitcoin's performance this week, many people see it this way:
Recently, the price has fluctuated back and forth and even rebounded, but trading volume has not been able to rise. Especially in the past two months, the trading volume is even lower than the lowest point of the last bear market. Some have their eyes on this situation and believe that the market may be forming a 'right shoulder' top structure, which is the last wave of rising before a decline.
However, this is what I think:
Although the current trading volume is not high, the price is firmly standing at a much higher level than during the bear market; to put it simply, the price is rising faster than the volume.
Looking at historical trends, we can see that every time the weekly trading volume of Bitcoin is sluggish, it often signals that a major trend is about to come. Moreover, most of the time, this situation ultimately leads to a significant bullish trend, without exception, a structure of a sharp rise.
I have already marked the next major trend in advance, ready to help you easily load up and profit!
