Topic: Looks like low volume and high volatility. (Read 767 times)
Yeah it is high volume now that I look again. Should of checked longer date ranges first, doh.
I think that people are waiting to see what will happen next. A lot are nervous right now. After all, the growth is pretty big in short time and it really look like a speculative bubble. What happened yesterday did put a cold feeling on investors. So, for now, it's pretty much wait and see.
What can happen... either:
- Some big buys will take place, driving the price to 140~145. Bringing in more fair, a small crash followed by buy back, and more nervousness.
- Hold and wait for market to stabilize a few hours/days, to give some reassurance.
- A small crash followed by buy-in any minutes now
- People will lose confidence and start selling and price will go on down trend for some time.
So, anything is possible, however, the higher it goes, the lower it goes in that above list
What can happen... either:
- Some big buys will take place, driving the price to 140~145. Bringing in more fair, a small crash followed by buy back, and more nervousness.
- Hold and wait for market to stabilize a few hours/days, to give some reassurance.
- A small crash followed by buy-in any minutes now
- People will lose confidence and start selling and price will go on down trend for some time.
So, anything is possible, however, the higher it goes, the lower it goes in that above list
Hi, you must be new here.
Most of the 15-minute slices in that chart show six figures USD being traded.
I wouldn't call that "low volume".
I wouldn't call that "low volume".
It looks like very low volume and lots of volatility. Are the buyers gone now or is this Mt Gox problems?
https://i.imgur.com/aAXKfwW.png
https://i.imgur.com/aAXKfwW.png
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