Where the price sits within the range matters more than the content of this news.
Take this one, for example: a certain exchange’s Bitcoin premium index has been negative for 46 consecutive days, and buying power in the U.S. market remains subdued.
The key is the order of price movements and news: whether the price rises before the news comes out or only moves after it breaks makes a difference.
$BTC is currently at 75797.31.
Take this one, for example: a certain exchange’s Bitcoin premium index has been negative for 46 consecutive days, and buying power in the U.S. market remains subdued.
The key is the order of price movements and news: whether the price rises before the news comes out or only moves after it breaks makes a difference.
$BTC is currently at 75797.31.