Looks like the sucker rally is stalling. Even for a Sunday this is low volume.
yes very low volumes, but I'm not surprised:
Why would buy now the one who waits cheap coin?
And why would sell to whoever could sell for 130-100?
I believe that when we see another direction, trading volume will be better.
Looking back at a year ago did you really care if you bought at $5, $6, or $7? A year ago the 100 day average was around $5.50.
Buying today with the 100 day average around $115 and worrying if I buy at $100 which is 15% below or $90 which is 22% below or $80 which is 30% below doesn't really matter much to me. All these prices are amazing deals.
I believe the fundamentals are great and that's why I'm buying.
If you look at it at it this way, yes.
But: it is possible, I'm not saying it will happen, but it is possible that the price will drop to 70 or 50, maybe $ 30.
The person who sold part of their Bitcoin to buy them back more, will not buy now for 95 a few days before the conclusion of two to three month's triangle.
It is very likely that either will fall even more, or the down trend will stop.
If the trend turns up, they begin to re-buy and those who sell, yet until we have about 100
Otherwise when the price will be lower, more people will buy after each drop and then the price starts to increase again...
