Data first: $BTC 75847.3 (24h +0.25%)
News: Hong Kong’s Securities and Futures Commission plans to restrict unauthorized institutions from using various terms related to virtual assets and trading. The rules will take effect six months after they are passed.
After positive news comes out, whether funds follow through matters more than the headline. I make a habit of marking when the news breaks on the intraday chart, then looking back at the changes.
#BTC
News: Hong Kong’s Securities and Futures Commission plans to restrict unauthorized institutions from using various terms related to virtual assets and trading. The rules will take effect six months after they are passed.
After positive news comes out, whether funds follow through matters more than the headline. I make a habit of marking when the news breaks on the intraday chart, then looking back at the changes.
#BTC