Today you will learn a lesson no one can tell you, follow precision trader as you will learn the big secrets of the market,just in case I am in the mood
First look at the monthly chart of $BTC
you will see the huge volume bars at 2022 traded at a average price 17000 usd
, that were big companies acquisitions of the bitcoin , they acquire $BTC at a low average price, not allowing the price to overshoot in spite of huge volume bars by creating fear and uncertainty in the market.
Now the price trades at very high price and at small volume bars relative to 2022, got it?
But the big companies(market makers) still have the $BTC in their hands keeping the very high demand in the market, so you see the very ease of the up movement with very small volumes
So always notice the increase in volumes again that indicating selling of the big movers
