“S&P 500 index closes up 0.33%” is trending (No. 9), and $BTC , which is linked to movements in U.S. stocks, has also resurfaced.
For buzz to translate into price movements, it has to pass through three stages:
① Discussion: Will the community join in?
② Volume: Has trading volume increased noticeably?
③ Follow-through: Can the buzz last a day or two?
$BTC is currently priced at 82238.16, up 0.67% over 24h. It only counts as effective transmission if it passes all three stages. If it only makes it through the first, the excitement will probably fade quickly.
Compare discussion levels with trading volume: buzz without trading activity is often short-lived.
#BTC
For buzz to translate into price movements, it has to pass through three stages:
① Discussion: Will the community join in?
② Volume: Has trading volume increased noticeably?
③ Follow-through: Can the buzz last a day or two?
$BTC is currently priced at 82238.16, up 0.67% over 24h. It only counts as effective transmission if it passes all three stages. If it only makes it through the first, the excitement will probably fade quickly.
Compare discussion levels with trading volume: buzz without trading activity is often short-lived.
#BTC