Just a little note on something that irks me a little bit. Just a tiny pet peeve of terminology: When the candle is red it doesn’t mean people are selling. When it’s green it doesn’t mean people are buying. Whatever the price action, people are buying and selling. The price is the trade price. If the last price was $100,000 and now it’s $90,000 then same amount of BTC was bought and sold at that price. It’s not that people are selling it, the sellers are simply accepting a lower price.

submitted by /u/Mobe-E-Duck
[link] [comments]