RE: Bitcoin (BTC) Evening Update: Pathway to $12,482

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Bitcoin (BTC) Evening Update: Pathway to $12,482

in bitcoin •  7 years ago 

It seems Bitcoins volume seems to be dropping which is a concern to me....its possible Ethereum or XRP could dethrone Bitcoin soon

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The drop in volume lends more to the reverse head and shoulders case. Volume should be decreasing when you compare the left shoulder, to the head, to the right shoulder. And to the right of the right shoulder, there has been a slight volume increase. We need this to pick up as the price goes higher to make it to $12,482.

Some one else stated that Eth or Xrp could dethron BTC as early as 2 months.

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