Q: Crypto-related stocks extended their gains in U.S. premarket trading, with BNC up over 13%. What’s your take?
A: The news is clearly positive, but the key question is how much has already been priced in. I’d use the low from before the announcement as the dividing line: holding above it is a bullish sign; falling below it is bearish.
$BTC , up 2.49% on the day.
This is just an exchange of views. You are responsible for your own gains and losses.
A: The news is clearly positive, but the key question is how much has already been priced in. I’d use the low from before the announcement as the dividing line: holding above it is a bullish sign; falling below it is bearish.
$BTC , up 2.49% on the day.
This is just an exchange of views. You are responsible for your own gains and losses.