A look at the market from a positions perspective: BTC breaks above 83,000 USDT, up 0.59% in 24 hours
When the news comes out, two things often happen at the same time in the market:
· Early movers start looking for opportunities to exit
· Latecomers start taking over their positions
Which side has more strength determines the direction of the market. $BTC 24h trading volume: $1.554 billion. Watch for any sudden surge in turnover.
Don’t treat any of this as a basis for trading.
When the news comes out, two things often happen at the same time in the market:
· Early movers start looking for opportunities to exit
· Latecomers start taking over their positions
Which side has more strength determines the direction of the market. $BTC 24h trading volume: $1.554 billion. Watch for any sudden surge in turnover.
Don’t treat any of this as a basis for trading.