What does it mean when a daily volume is significantly low?

[South Park]

If you look at the chart of Bitcoin. The volume of the latest day is lower than all the days post the march crash. Can someone experienced explain what this would imply? My thinking is that being not interested shows weakness. I am on team bear for now.

Thanks in advance!

The volume is one of the most important parameters that a trader should always watch, however depending on how the price is moving the volume could be interpreted in different ways, if the price was rising very rapidly but the volume was going down this could be an indication that a reversal is coming soon and it could be a good moment to close your trades, however even if the volume of bitcoin has been going down a little bit since the price is not showing any big movements this is seems to me a sign of indecisiveness more than anything.

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[lillobo]

The crypto market volume as the number of shares or contracts traded in a security or an entire market during a given period of time. Simply put volume is the number of shares traded that day. As a result, the higher the volume on a stock the more it will move. An idea can be put forward is that more people believe that company is good, might be going through bad phase but still people are trading it.

[Stedsm]

Lolz what's a team bear BTW?
Anyways, you're worried about BTC's volume, right? So if you see it somewhat less compared to the past few days, doesn't literally mean that the so-called "interest" of people has suddenly gone out of BTC, else you may also see a flash-crash that would become impossible to recover its higher price. Volumes do get exhausted when traders are not in a mood to trade and remove their limits/stops, at least that's the case with BTC.

[BitcoinTurk]

It is a bad sign that the transaction volume decreases day by day.  There is no single reason for this decrease in transaction volume.  To mention about the main reasons, I can count the following respectively.  The first reason is that as you can imagine, people turn their assets into cash.  Another reason is long-term investors.  Since these people make one-time purchases and do not trade for a long time, the transaction volume decreases from time to time.  As investors like these make purchases at once, we can see that the transaction volume has increased intensely in some days and then gradually decreased.  As I mentioned, the decrease in transaction volume does not have a single cause and a single negative effect.

[Yamifoud]

If you look at the chart of Bitcoin. The volume of the latest day is lower than all the days post the march crash. Can someone experienced explain what this would imply? My thinking is that being not interested shows weakness. I am on team bear for now.

Thanks in advance!

You might be thinking that if this will continue to drop and stay at low Bitcoin will collapse. Don't get that bad mate, may we we find it low than of yesterday or in the past days, months because the demand will significantly change as well. Bitcoin won't easily give up that is why people had loved it too much than altcoins.

You are really at a BEAR team just because you always think negatively in every drop you have see. tried to look in the past performance and chart, you may also that there is time to see its volume at worst (last year). Being doubtful will lead you into negativity and could make you weak but if you believe and trusted Bitcoin, you will always be optimistic.