Follow the money:
“Worth approximately $143 million, BlackRock deposited 1,883 BTC into an exchange’s Prime”
After the news broke, I had just three questions about the money:
1. Are aggressive buyers or sellers in control?
2. Can trading volume for $BTC ($2.039 billion over 24h) keep growing?
3. Are whales making large withdrawals from trading platforms?
Only when all three point in the same direction can the news be considered validated by the money; otherwise, it’s probably just a passing gust.
Stay on top of the news as soon as it breaks, but keep a cool head when making trading decisions.
#BTC
“Worth approximately $143 million, BlackRock deposited 1,883 BTC into an exchange’s Prime”
After the news broke, I had just three questions about the money:
1. Are aggressive buyers or sellers in control?
2. Can trading volume for $BTC ($2.039 billion over 24h) keep growing?
3. Are whales making large withdrawals from trading platforms?
Only when all three point in the same direction can the news be considered validated by the money; otherwise, it’s probably just a passing gust.
Stay on top of the news as soon as it breaks, but keep a cool head when making trading decisions.
#BTC