I used to want to jump in whenever I saw this kind of news. Now I’ve learned to wait and see.
I just saw this: CryptoQuant: The market absorbed 220,000 BTC last week, and net outflows from exchanges suggest buyers are in control. It sounds somewhat bearish, so I’ll hold off for now and wait for the candlesticks to stabilize before taking another look.
$BTC —I’ll put it on my watchlist for now.
#BTC
In volatile markets, manage your risk first.
I just saw this: CryptoQuant: The market absorbed 220,000 BTC last week, and net outflows from exchanges suggest buyers are in control. It sounds somewhat bearish, so I’ll hold off for now and wait for the candlesticks to stabilize before taking another look.
$BTC —I’ll put it on my watchlist for now.
#BTC
In volatile markets, manage your risk first.