🐳 Fund Flows:
“QCP Group: BTC holds above $80,000 support, with $87,000 resistance yet to break”
After the news came out, I only ask three questions related to money:
1. Which way is the balance of aggressive buying and selling leaning?
2. Can trading volume at $BTC (24h: $912 million) continue to grow?
3. Are large holders making any unusual transfers to trading platforms?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just a shift in sentiment.
It’s money, not the news itself, that truly determines prices.
#BTC
“QCP Group: BTC holds above $80,000 support, with $87,000 resistance yet to break”
After the news came out, I only ask three questions related to money:
1. Which way is the balance of aggressive buying and selling leaning?
2. Can trading volume at $BTC (24h: $912 million) continue to grow?
3. Are large holders making any unusual transfers to trading platforms?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just a shift in sentiment.
It’s money, not the news itself, that truly determines prices.
#BTC