Morgan Stanley bought approximately 295 BTC yesterday, bringing its total holdings to 11,189 BTC
$BTC is now at 72,692.34, down 1.7% over 24 hours. Going forward, watch two things: whether trading volume picks up and whether the price can sustain its move. Positive news accompanied by rising volume is meaningful; reactions on declining volume should be taken with a grain of salt. To judge whether a news item has had an impact, I only compare trading volume before and after its release.
$BTC is now at 72,692.34, down 1.7% over 24 hours. Going forward, watch two things: whether trading volume picks up and whether the price can sustain its move. Positive news accompanied by rising volume is meaningful; reactions on declining volume should be taken with a grain of salt. To judge whether a news item has had an impact, I only compare trading volume before and after its release.