Crypto Volume Waning With Traders Feeling Paralyzed!
#Cryptocurrency trading volume levels were last this low during the final week of January, and it appears that traders have entered into an indecisive sentiment cycle for trading.
The calls to #buythedip have fallen considerably, and those maintaining that #crypto is in a #bullcycle have become even more silent. At the same time, there still seems to be a large contingency of traders who don't want to move their assets for fear of missing out on a relief rally.
As a result of all of these factors, #Bitcoin has seen a trading volume drop of 60-65% since its big week of trading at the end of February. There are many factors that can signal a turnaround, but watch for a spike in volume as a potential turnaround signal for a market-wide rally as we head into May.
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