The market-wide Greed Index is at 70,$BTC is trading at 85984, down just 0.07% in 24 hours.
A Coinbase executive just said that major banks are accumulating $BTC , and new SEC rules could also open the door for advisors to enter.
But when the news broke, the market barely budged. The bullish news had already been priced in, and current volume simply can't support a move.
With neither the direction nor the risk-reward clear, don't force a trade signal. Sit tight for now, and wait for a high-volume breakout or a break below support before making a move.
Can this news of institutional inflows pull $BTC out of its range? Reply 1 if you're bullish, or 2 if you'll wait for confirmation.
#Write2Earn #BinanceSquare #BTC ETF #TradingTournament
A Coinbase executive just said that major banks are accumulating $BTC , and new SEC rules could also open the door for advisors to enter.
But when the news broke, the market barely budged. The bullish news had already been priced in, and current volume simply can't support a move.
With neither the direction nor the risk-reward clear, don't force a trade signal. Sit tight for now, and wait for a high-volume breakout or a break below support before making a move.
Can this news of institutional inflows pull $BTC out of its range? Reply 1 if you're bullish, or 2 if you'll wait for confirmation.
#Write2Earn #BinanceSquare #BTC ETF #TradingTournament
