MartyBoots here. I have been trading for years and I am here to share my ideas with you to help the Crypto space. DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now Crypto Is Very Bullish right now should move a lot higher This market has potential parabolic structure If you want help trading Bitcoin or any other ALT coins hit me up, We will. Bitcoin Trade Volume — Analysis of Real Bitcoin Trade Volume from Bitwise. Bitcoin price today is $23, USD with a hour trading volume of $45,,, USD. Bitcoin is up % in the last 24 hours. The current CoinMarketCap ranking is #1, with a market cap of $,,, USD. It has a circulating supply of 18,, BTC coins and a max. supply of 21,, BTC coins.
Bitcoin trade volume graphBitcoin Trading Volume Chart - Bitcoin Visuals
OBV isn't going to help much in determining price so much as price momentum. Prices below the horizontal line tend to be lower but aren't always than the prices below the line.
This is relative. For instance, you shouldn't apply this months back. You use it to look at more recent price action not to compare today to several months ago.
You'll notice that OBV is below the horizontal line and has not moved dramatically lower. This helps explain the recent flat Bitcoin price. The OBV should also help - in conjunction with other patterns and indicators - when to buy or sell Bitcoin.
The network is peer-to-peer and the transactions go between users directly, without an intermediary. These transactions are then recorded in the public distributed ledger called the blockchain and verified on the network through the use of cryptography. These Bitcoins can be exchanged for other currencies, products, and services.
Bitcoin was originally invented by an unknown person or group under the pseudonym Satoshi Nakamoto and released as open-source software in Bitcoin has long been the face of cryptocurrency, and research produced by the University of Cambridge estimates that in , there are 2.