Daily bitcoin trading volumes topped $11 billion Friday, the most seen since April 2018.
It will be interesting to see whether there will be another big rally.
Looking at volumes in the last month, we are on a steady growth, looking at the volume on different exchanges and trading platforms like Binance/Bitfinex/Bitmex/PrimeXBT etc… we are in a uptrend. I hope that things pick up in the coming months, but a big rally i wouldn’t expect in the short term.
Overall people gradually start to forget about the bubble in 2017. If we consider the human psychology I expect a new ATH in early 2020 and ultra high number in 2021. We will see if history repeats it self.