Follow the money:
“Fed Governor Waller: The Fed can avoid committing to forward guidance in its communications while still improving outcomes by sending the market ‘signals’ about possible policy choices.”
After the news broke, I asked just three questions about the money flow:
1. Is aggressive buying or selling dominating?
2. Has trading volume for $BTC ($1.554 billion over 24 hours) increased significantly?
3. Are there any unusual transfers from on-chain wallets to exchanges?
If all three point in the same direction, then the market is taking the news seriously; otherwise, it’s probably just a passing gust.
Price action after the news breaks is more worth watching than the news itself.
#BTC
Markets change in an instant. Make your own judgment.
“Fed Governor Waller: The Fed can avoid committing to forward guidance in its communications while still improving outcomes by sending the market ‘signals’ about possible policy choices.”
After the news broke, I asked just three questions about the money flow:
1. Is aggressive buying or selling dominating?
2. Has trading volume for $BTC ($1.554 billion over 24 hours) increased significantly?
3. Are there any unusual transfers from on-chain wallets to exchanges?
If all three point in the same direction, then the market is taking the news seriously; otherwise, it’s probably just a passing gust.
Price action after the news breaks is more worth watching than the news itself.
#BTC
Markets change in an instant. Make your own judgment.