last time we had this kind of volume we were in summer 2017
but price was not under 200 DMA -- price in the summer was already bullish, rising above 200 MA
we are still under MA -- this is because the same volume represents much higher bull/bear competition, trying to hold down BTC's price.
so you get the same volume for a coin that costs 4 times as much.
holding BTC's price down is a full-time job for those wanting affordable BTC
there are so many more bears pulling down the price -- but just so you remember, the reason for this is to acquire more.
anything being bid down is inherently valuable.
but price was not under 200 DMA -- price in the summer was already bullish, rising above 200 MA
we are still under MA -- this is because the same volume represents much higher bull/bear competition, trying to hold down BTC's price.
so you get the same volume for a coin that costs 4 times as much.
holding BTC's price down is a full-time job for those wanting affordable BTC
there are so many more bears pulling down the price -- but just so you remember, the reason for this is to acquire more.
anything being bid down is inherently valuable.
