Data first: $BTC 82510.76 (24h +1.03%)
Then the news: Bitcoin bulls and bears are locked in an increasingly fierce tug-of-war, and the odds of it rising to $100,000 before Christmas have fallen below 10%.
With bearish news out, I’d first trim my position, then take a careful look at the situation. I make a habit of marking when news breaks on the intraday chart and reviewing the market’s reaction later.
Then the news: Bitcoin bulls and bears are locked in an increasingly fierce tug-of-war, and the odds of it rising to $100,000 before Christmas have fallen below 10%.
With bearish news out, I’d first trim my position, then take a careful look at the situation. I make a habit of marking when news breaks on the intraday chart and reviewing the market’s reaction later.