Let’s break it down from a positioning perspective: Google’s quantum chip has made a new breakthrough, potentially reducing the error rate of key computations by around 40 times.
When the news comes out, two things are usually happening in the market at once:
Investors who got in early are looking for a chance to exit.
Investors who only heard the news now are entering.
Which side is stronger determines where the market moves. $BTC 24h Trading volume is $1.117 billion; watch for any unusual spike in volume.
#BTC
I’m just sharing my thoughts. This is not investment advice.
When the news comes out, two things are usually happening in the market at once:
Investors who got in early are looking for a chance to exit.
Investors who only heard the news now are entering.
Which side is stronger determines where the market moves. $BTC 24h Trading volume is $1.117 billion; watch for any unusual spike in volume.
#BTC
I’m just sharing my thoughts. This is not investment advice.