When news of regulatory action breaks, first look at how big money reacts.
The first to move after news breaks are usually the quick-reacting traders; big money tends to come in later. Once bad news is out, uncertainty actually decreases—but you still need to wait for the price to show a signal. If you had to sum up this news in one word, what would you choose?
$BTC , 24h -4.5%.
#BTC
The first to move after news breaks are usually the quick-reacting traders; big money tends to come in later. Once bad news is out, uncertainty actually decreases—but you still need to wait for the price to show a signal. If you had to sum up this news in one word, what would you choose?
$BTC , 24h -4.5%.
#BTC