A contrarian take: Bitcoin has finished sweeping the lows and “hunting longs”; it may shift to a short squeeze next week. Remain bullish above $79,800.
Most people see this as good news. What I care more about is whether it’s already been quietly priced in. We’ve seen too many cases where good news lands and the price opens higher, then trades lower throughout the day.
$BTC 24h -0.43%. News often affects sentiment first; the direction still depends on capital flows.
#BTC
Most people see this as good news. What I care more about is whether it’s already been quietly priced in. We’ve seen too many cases where good news lands and the price opens higher, then trades lower throughout the day.
$BTC 24h -0.43%. News often affects sentiment first; the direction still depends on capital flows.
#BTC