What The Bitcoin Transaction Volume Crashing Could Do To The Price

Bitcoin’s transaction volume is falling alongside its price. At first glance, that sounds bearish because weak activity is usually a result of weak demand, lower participation, and a lack of momentum. However, technical analysis shows the historical pattern conveys a more complicated story. Technical analysis from CryptoCon shows Bitcoin’s transaction volume strength falling close to the green low-volume band that indicated previous cycle bottoms. The falling transaction volume is also a good th