Ever wondered why Bitcoin sometimes goes quiet?

It’s because of Lackluster volume.

Let’s discover what "L𝗮𝗰𝗸𝗹𝘂𝘀𝘁𝗲𝗿 𝘃𝗼𝗹𝘂𝗺𝗲" is and why it matters for the market!

𝗟𝗮𝗰𝗸𝗹𝘂𝘀𝘁𝗲𝗿 𝘃𝗼𝗹𝘂𝗺𝗲 = 𝗹𝗼𝘄 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆. It shows less market interest and less money moving around.

Even though Bitcoin holders are making money, the amount being traded has dropped a lot from its all-time high (ATH). This means fewer people are making big bets and many are unsure what to do.

𝗛𝗼𝘄 𝘁𝗼 𝘀𝗽𝗼𝘁 𝗹𝗮𝗰𝗸𝗹𝘂𝘀𝘁𝗲𝗿 𝘃𝗼𝗹𝘂𝗺𝗲:

Look at the 7-day average of how much Bitcoin is being moved.

𝗪𝗵𝗮𝘁 𝘁𝗵𝗲 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗱 𝗰𝗵𝗮𝗿𝘁 𝘀𝗵𝗼𝘄𝘀:

- ATH of $13.8 billion
- Big drop after that
- Price stays high, but volume is low

𝗪𝗵𝘆 𝘀𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗰𝗮𝗿𝗲?

- Less volume = less liquidity
- Less liquidity = more volatility

This means less excitement in trading, but people are still holding onto their Bitcoin.

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#Bitcoin #Crypto #Blockchain #BTC #MarketAnalysis #InvestorBehavior