$BTC , there’s a new development in the news: An exchange CEO says U.S. regulatory uncertainty around tokenization makes it difficult for large assets to enter the market.
The news is somewhat positive, but the familiar pattern of a spike followed by a pullback after good news isn’t anything new. I’ll use the pre-announcement high as the dividing line: holding above it is bullish; falling back below it is bearish.
Any other perspectives? Share them in the comments.