Bitcoin is climbing on thin volume, leaving rally vulnerable to macro shock
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.
The lack of trading volume and conviction among large investors suggests that Bitcoin's recent rally may be unsustainable, potentially leading to a price correction. A macro shock could exacerbate this vulnerability.
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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