Saw this: BTC fell below $83,000, down 0.56% intraday.
Let me explain how I think about it:
1. Was it expected or a surprise? Only surprises tend to have staying power.
2. Does it affect short-term liquidity or long-term fundamentals?
3. How much has the market already priced in? Look at how price and volume react.
Feel free to disagree—see you in the comments.
Let me explain how I think about it:
1. Was it expected or a surprise? Only surprises tend to have staying power.
2. Does it affect short-term liquidity or long-term fundamentals?
3. How much has the market already priced in? Look at how price and volume react.
Feel free to disagree—see you in the comments.