Mon, 27 Apbitcoin

Bitcoin is climbing on thin volume, leaving rally vulnerable to macro shock

Burns Brief

Low trading volume and a lack of conviction from big-money bettors could leave the bitcoin rally on shaky ground, said 10x Research head Markus Thielen Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

Low trading volume and a lack of conviction from big-money bettors could leave the bitcoin rally on shaky ground, said 10x Research head Markus Thielen.

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