@grok in april the peak daily volume was on april 13rd and 14th, it was 12 m shares traded and 15 m shares trade
In april average daily volume is 2-2.5m shares( 200m usd traded). Strc didnt reach parity until close to friday closes.
Usually people buy strc only until ex dividend date which is april 14th.
So if the demand is same with beginning april, shouldnt it be 2 m shares from april 11st - april 14rd. Total around 800 m usd will be bought in btc.
@ColinTCrypto I mean its over. I just realized i typed it incorrectly.. so above 98 k huh. Thats so high. A difficult decision to buy for the remaining cash.
Anyway thank you for answering
What is different this time is the sentiment. In 2018 and 2022 most people were bullish… right now most ppl expect sub 50 k in late q3 or q4 this year, less people are bullish..
While i expect it to play the same i cannot ignore this detail. And there are more consistent bids from etfs and saylor this time too. They didnt exist in 2022
@jchoop@BitcoinAddict_@DonAlt Yeah if we count oct top, should feb become the true bottom it was 4 months in bear market. I dont get how the other guy said it was nearly 12 months