2018-7-3 15:36 |
At press time, BTC is trading at $6,575 on Bitfinex – up 3.4 percent in the last 24 hours.
Currently, the 24-hour trading volume stands at $4.61 billion, according to CoinMarketCap, and is not showing any signs of life.
For instance, BTC trading volume fell 8 percent to $4.39 billion on Monday, despite a bearish-to-bullish trend change.
The positive print indicates the money is flowing into bitcoin and adds credence to the bullish falling channel breakout.
Only a daily close (as per UTC) below $6,275 (previous day’s low) would abort the short-term bullish view.
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