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RE: BITCOIN PROFIT-TAKING SYSTEM #3 <<>> Watching for another Volume Price High
What is the reasoning behind this? That if there is a lot of BTC/Alt volume, people are trading out of bitcoin into alts? And then those alts get traded for fiat (especially if the alt is eth or litecoin)?
Have you tested this theory on the BTC/ETH pair? In other words if the volune is huge for btc/eth, you should sell bitcoin?