With stocks falling hard today (1361 at time of posting), it reminded me of OBV inventor Joseph Granville's Jan 25
call that the rally up into 1400 was bound to fall because of the weak "momentum".
But what does OBV say about the price of bitcoin?
On the weekly chart, the OBV at $3.8 aligned with the ~$2.0 low, suggesting a bottom at seller climax ($4 is the new $2).
Switching to the daily chart..
The OBV lows are still aligned fairly well.
For even further granularity, the 12-hour chart..
Now it doesn't look so sure. But I think there's too much noise on the 12-hour.
The weekly chart is the one to look at (and the one most suggestive of a $3.8 bottom, conveniently enough).
How do the rest of you see the volume / money-flow indicators?