Let the closing price confirm whether the bulls or bears are in control; intraday fluctuations don't count.
Take this news item, for example: U.S. PPI for September is expected to rise 0.6%, while diesel prices are forecast to surge more than 70% year over year, meaning inflationary pass-through pressures are far from over.
The first big bullish or bearish candle after the news often sets the short-term tone, so it's worth watching closely.
$BTC .
Take this news item, for example: U.S. PPI for September is expected to rise 0.6%, while diesel prices are forecast to surge more than 70% year over year, meaning inflationary pass-through pressures are far from over.
The first big bullish or bearish candle after the news often sets the short-term tone, so it's worth watching closely.
$BTC .