Is big money on the move?
“Fed’s Goolsbee says inflation outlook is disappointing” is trending, and $BTC —linked to Fed developments—has risen along with it.
Trending topics usually attract short-term capital: it comes in fast and leaves just as fast. To see whether real money will follow, watch two indicators: whether trading volume continues to grow (currently $1.839 billion over the past 24 hours) and whether large orders increase noticeably.
#BTC
Markets change rapidly. Make your own independent judgment.
“Fed’s Goolsbee says inflation outlook is disappointing” is trending, and $BTC —linked to Fed developments—has risen along with it.
Trending topics usually attract short-term capital: it comes in fast and leaves just as fast. To see whether real money will follow, watch two indicators: whether trading volume continues to grow (currently $1.839 billion over the past 24 hours) and whether large orders increase noticeably.
#BTC
Markets change rapidly. Make your own independent judgment.