In spite breaking down (declining) the trading volume, bitcoin price manages to surge from $1300 making month high of $1340 in the final session of trading. The price drop slightly maintaining the position of $1315 without falling downward further.
The bitcoin price remained stagnant in spite the selling pressure. The falling of trading volume didn’t affect the bitcoin price as it remains at $1330 The difference between the two massive currency market BTC/USD is around $100.
According to the OKCoin BTC/USD indicates that traders will be more careful while trading of the currency following the last trading session and the fluctuations of the currency. The market is unpredictable as of now.
The traders may not consider the recent fall-off in the bitcoin price but whatever be the scenario the support for the cryptocurrency will remain unchanged.