From a structural perspective | Glassnode: Bitcoin’s correlation with the S&P 500 reaches 0.8, its highest level since 2020
It’s steadier to wait and see whether the price pulls back near support than to chase it as soon as the news comes out. Whether the intraday range gets tested repeatedly is another angle to watch.
This kind of news is more for reference and doesn’t tend to move the market much intraday.
$BTC , up 0.41% intraday, with an intraday range of 74888 ~ 76378.
#BTC
Just keeping a note; make your own decisions about buying and selling.
It’s steadier to wait and see whether the price pulls back near support than to chase it as soon as the news comes out. Whether the intraday range gets tested repeatedly is another angle to watch.
This kind of news is more for reference and doesn’t tend to move the market much intraday.
$BTC , up 0.41% intraday, with an intraday range of 74888 ~ 76378.
#BTC
Just keeping a note; make your own decisions about buying and selling.
