$BTC (24h -0.5%). There's a new development in the news: a certain exchange reported Q3 net profit of $15 million, down 74% year over year.
When good news comes out, the biggest risk is chasing while sentiment is at its hottest. Waiting for a pullback feels more comfortable. Trading volume is the least likely to lie—just look at the volume to see whether the news is having an impact.
What do you think? Bullish or bearish?
Just chatting; this is not financial advice.
When good news comes out, the biggest risk is chasing while sentiment is at its hottest. Waiting for a pullback feels more comfortable. Trading volume is the least likely to lie—just look at the volume to see whether the news is having an impact.
What do you think? Bullish or bearish?
Just chatting; this is not financial advice.