How money is moving is often reflected in trading activity:
“An exchange has obtained an exchange services license from Dubai’s Virtual Assets Regulatory Authority (VARA).”
After the news came out, I had just three questions about money:
1. Which way are aggressive buyers and sellers leaning?
2. Can the trading volume of $BTC ($1.749 billion over 24 hours) continue to grow?
3. Have any large amounts been transferred on-chain to trading platforms?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
Treat the news as background. Make decisions according to your own plan.
#BTC
“An exchange has obtained an exchange services license from Dubai’s Virtual Assets Regulatory Authority (VARA).”
After the news came out, I had just three questions about money:
1. Which way are aggressive buyers and sellers leaning?
2. Can the trading volume of $BTC ($1.749 billion over 24 hours) continue to grow?
3. Have any large amounts been transferred on-chain to trading platforms?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
Treat the news as background. Make decisions according to your own plan.
#BTC