I’ll use the high from before the news broke as the line in the sand: holding above it is bullish; falling below it is bearish.
Take this news, for example: Kalshi has partnered with BitGo to let institutional clients use crypto assets as collateral to borrow funds for perpetual futures margin.
The news only counts as having an effect if the price pulls back to the range it was in before the news broke and holds there.
$BTC (24h +1.13%).
Take this news, for example: Kalshi has partnered with BitGo to let institutional clients use crypto assets as collateral to borrow funds for perpetual futures margin.
The news only counts as having an effect if the price pulls back to the range it was in before the news broke and holds there.
$BTC (24h +1.13%).