Follow the money, not the talk:
“Trader Killa: Still bullish on Bitcoin; won’t close the position until it reaches $126,000”
After the news came out, I only asked three questions about the money flow:
1. Are aggressive trades skewed toward buying or selling?
2. Has trading volume at $BTC (24h: $636 million) increased significantly?
3. Are large holders making substantial transfers off exchanges?
If all three point in the same direction, then the news carries real weight; otherwise, it’s probably just a passing gust.
News often affects sentiment first, but the money flow is what reveals the direction.
“Trader Killa: Still bullish on Bitcoin; won’t close the position until it reaches $126,000”
After the news came out, I only asked three questions about the money flow:
1. Are aggressive trades skewed toward buying or selling?
2. Has trading volume at $BTC (24h: $636 million) increased significantly?
3. Are large holders making substantial transfers off exchanges?
If all three point in the same direction, then the news carries real weight; otherwise, it’s probably just a passing gust.
News often affects sentiment first, but the money flow is what reveals the direction.