$BTC As mentioned earlier, the Senate once again failed to pass the Clarity Act. We all know this isn't going to happen this time either, but we're still holding onto hope.
A solid number of long liquidations happened on the ramp up. We all know speculation always assumes whatever appears is going to lean bearish. Most likely.
A bunch of news makes it pump and push the price, but suddenly one punch from regulators just hits hard.
But you know one thing, right? The market will be stable soon. The suffocating weight of the news will vanish. New cashflow, new air, will make it breathable again.
Right now BTC is trading around 76,172 dollars, down 3.56 percent in the last 24 hours after opening near 78,986 and tapping a low of 74,968. That kind of pullback right after a stalled vote is exactly the pattern we keep seeing, old news getting reacted to like it's fresh. Once the market stops flinching at headlines it's already priced in, it finds its footing again. This phase is noise, not the trend.
#CLARITYAct #BTC Price Analysis
A solid number of long liquidations happened on the ramp up. We all know speculation always assumes whatever appears is going to lean bearish. Most likely.
A bunch of news makes it pump and push the price, but suddenly one punch from regulators just hits hard.
But you know one thing, right? The market will be stable soon. The suffocating weight of the news will vanish. New cashflow, new air, will make it breathable again.
Right now BTC is trading around 76,172 dollars, down 3.56 percent in the last 24 hours after opening near 78,986 and tapping a low of 74,968. That kind of pullback right after a stalled vote is exactly the pattern we keep seeing, old news getting reacted to like it's fresh. Once the market stops flinching at headlines it's already priced in, it finds its footing again. This phase is noise, not the trend.
#CLARITYAct #BTC Price Analysis