Playing devil’s advocate: Bitcoin nears $80,000, Arthur Hayes warns of downside risk
Everyone is reading this as bullish news; what I care more about is whether it’s already been quietly priced in. There are too many cases where prices open higher and then fall on the day good news breaks.
$BTC 24h +1.56%, the news itself is just the starting point; the price reaction is the answer.
Everyone is reading this as bullish news; what I care more about is whether it’s already been quietly priced in. There are too many cases where prices open higher and then fall on the day good news breaks.
$BTC 24h +1.56%, the news itself is just the starting point; the price reaction is the answer.
