Let’s look at this project news from a capital perspective: $BTC
Around $1 billion in crypto assets are set to be seized this week; the U.S. Treasury Secretary says efforts to isolate Iran will be stepped up.
When good news breaks, there are usually two kinds of money in the market: short-term money that comes in on the news, and positions built in advance, waiting to cash in. The market can sustain its momentum only when the former outweighs the latter.
#BTC
Just my personal view; it may not be accurate. Please think critically.
Around $1 billion in crypto assets are set to be seized this week; the U.S. Treasury Secretary says efforts to isolate Iran will be stepped up.
When good news breaks, there are usually two kinds of money in the market: short-term money that comes in on the news, and positions built in advance, waiting to cash in. The market can sustain its momentum only when the former outweighs the latter.
#BTC
Just my personal view; it may not be accurate. Please think critically.