Taking the contrarian view: QCP: Geopolitical risk premiums are rising, and positioning in the crypto market is becoming more vulnerable
Everyone sees the bearish factors. What I’m focused on instead is whether most of the selling pressure has already been absorbed. It’s not uncommon for prices to stop falling once bad news is out.
$BTC 24h -1.38%. No reaction to good news and no drop on bad news—that in itself is a signal.
#BTC
This is not financial advice. Do your own research before trading.
Everyone sees the bearish factors. What I’m focused on instead is whether most of the selling pressure has already been absorbed. It’s not uncommon for prices to stop falling once bad news is out.
$BTC 24h -1.38%. No reaction to good news and no drop on bad news—that in itself is a signal.
#BTC
This is not financial advice. Do your own research before trading.