Bitcoin's Rally Ran on Thin Volume, Analysts Warn of Cascade to $81,000
- —Bitcoin's rally was accompanied by thin trading volume
- —Analysts see risk of a cascade down to $81,000
- —Weak volume raises the odds of a sharp correction
Why it matters: Thin volume makes the rally fragile: a break of support could trigger liquidations and accelerate the sell-off.
Source: Google News (crypto query)