Issue 97 – Turn Up the Volume

October 21, 2021

Bitcoin broke to new all-time highs on Wednesday above the $65,000 handle.

However, Thursday’s session is on track to close back below that area.

What does that mean for the short-term price action? Also, what does the recent volume tell us about Bitcoin’s ability to rally?

We’ll discuss all of that in today’s newsletter, plus updates on ETH, DOGE, UNI, and VET.

Let’s begin!

Where’s the Volume?

I’ve discussed the significance of volume before, but felt that today was a good time to reiterate some of that lesson.

We’re all watching Bitcoin pull back today after setting a new all-time high on Wednesday and wondering where this is all going.

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Justin T Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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