The data shows that reactions to similar news aren’t always the same, so don’t assume the past will repeat itself.
For example, in this case: State Street increased its holdings of Strategy by about 420,000 shares in the third quarter. $BTC was down 3.95% intraday, with trading volume of 1.157 billion.
Positive news is more convincing when accompanied by rising volume; be more cautious when volume falls.
For example, in this case: State Street increased its holdings of Strategy by about 420,000 shares in the third quarter. $BTC was down 3.95% intraday, with trading volume of 1.157 billion.
Positive news is more convincing when accompanied by rising volume; be more cautious when volume falls.
