$BTC (24h +1.04%). News is out: UK-listed Smarter Web has added 83 Bitcoin, bringing its total holdings to 2,830.
It’s quite common for a stock to open higher and then give back its gains on the day good news breaks, so don’t jump to conclusions based on the headlines alone. The first pullback after the news is the key: if the price holds, it shows that buying support is solid.
Do you trade based on the news, or on the candlestick charts?