Q: Evernorth's registration of $132.2 million in warrants has become effective, and it plans to list on Nasdaq as XRPN. What impact could this have on the market?
A: The biggest risk with positive news is chasing it when sentiment is at its hottest. It's more comfortable to wait for a pullback. I would use the pre-announcement low as a reference point: holding above it is a bullish sign; falling back below it is bearish.
$BTC is currently at 83514.07, up 2.56% intraday.
#BTC
A: The biggest risk with positive news is chasing it when sentiment is at its hottest. It's more comfortable to wait for a pullback. I would use the pre-announcement low as a reference point: holding above it is a bullish sign; falling back below it is bearish.
$BTC is currently at 83514.07, up 2.56% intraday.
#BTC