A look at it from a positioning perspective: Bonk Guy: SI may have hit a short-term bottom; bullish on SI going on to break its all-time high
When the news comes out, two things usually happen in the market at the same time:
· Early investors start looking for an opportunity to exit
· Investors who only heard the news later start buying in
Which group has more buying or selling power determines where the price goes. $BTC 24h Trading volume: $1.948 billion. Watch for any unusual spike in volume.
#BTC
When the news comes out, two things usually happen in the market at the same time:
· Early investors start looking for an opportunity to exit
· Investors who only heard the news later start buying in
Which group has more buying or selling power determines where the price goes. $BTC 24h Trading volume: $1.948 billion. Watch for any unusual spike in volume.
#BTC