Technical trader's perspective | Papertrade trading activity is starting to cool off, with open interest falling to $1.3 billion, down about 60% over 12 hours
Volume is the most honest indicator. You can tell whether the news is having an effect by looking at volume. Wait for the official announcement of next steps; once there's a specific timeline, it'll be easier to track.
The signal isn't very strong, so just make a note of it for reference.
$BTC , intraday range: 82780 ~ 83258.65.
#BTC
Volume is the most honest indicator. You can tell whether the news is having an effect by looking at volume. Wait for the official announcement of next steps; once there's a specific timeline, it'll be easier to track.
The signal isn't very strong, so just make a note of it for reference.
$BTC , intraday range: 82780 ~ 83258.65.
#BTC