Watch the money, not the headlines.
A CICC research report says we expect rate hikes may still be paused in October, with another move in December.
When good news comes out, the biggest worry is large investors selling into the hype: the candlestick spikes, but trading volume is flowing out. Keep a close eye on it.
$BTC 24h trading volume: $1.53 billion, 24h -1.95%. Save this and check back later to see if the price action confirms it.
#BTC
A CICC research report says we expect rate hikes may still be paused in October, with another move in December.
When good news comes out, the biggest worry is large investors selling into the hype: the candlestick spikes, but trading volume is flowing out. Keep a close eye on it.
$BTC 24h trading volume: $1.53 billion, 24h -1.95%. Save this and check back later to see if the price action confirms it.
#BTC