Playing devil’s advocate: Yi Lihua says Bitcoin has strong support at the 400-day moving average around $81,000, and its current move is a short-term pullback within an uptrend.
Most people see good news. What I’m wondering is: has it already been priced in? It’s not uncommon for prices to surge and then retreat on the day good news breaks.
$BTC 24h +0.12% — The hotter the news, the more important it is to see which way the money is flowing.
Most people see good news. What I’m wondering is: has it already been priced in? It’s not uncommon for prices to surge and then retreat on the day good news breaks.
$BTC 24h +0.12% — The hotter the news, the more important it is to see which way the money is flowing.