Block's third-quarter gross profit was $3.24 billion, up 22% year over year.
Let's look at both sides:
Bullish case: The news provides a narrative that could attract attention;
Bearish case: The good news may already be priced in, making its confirmation a potential exit point;
My take: Both sides have a case. Ultimately, it comes down to whether price and trading volume for $BTC move one way or the other.
$BTC is currently at 77,782.01, up 1.24% in 24 hours, with a 24-hour range of 76,388.88–78,063.3.
#BTC
Let's look at both sides:
Bullish case: The news provides a narrative that could attract attention;
Bearish case: The good news may already be priced in, making its confirmation a potential exit point;
My take: Both sides have a case. Ultimately, it comes down to whether price and trading volume for $BTC move one way or the other.
$BTC is currently at 77,782.01, up 1.24% in 24 hours, with a 24-hour range of 76,388.88–78,063.3.
#BTC