Technical perspective | Tuesday (October 13): Usage of the Fed’s overnight reverse repurchase agreement (RRP) facility was $275 million (1 counterparty), compared with $300 million on the previous trading day.
The first pullback after the news is the most important: holding steady suggests buyers are still there. You can look back at how the market moved when similar events happened before.
The tone is somewhat positive, but beware that the good news may already be priced in.
$BTC (24h +0.82%).
The first pullback after the news is the most important: holding steady suggests buyers are still there. You can look back at how the market moved when similar events happened before.
The tone is somewhat positive, but beware that the good news may already be priced in.
$BTC (24h +0.82%).