I dont care if its BTC or any other stock or currency, 2 things apply. Professional traders are watching the charts, armatures & part time traders are speculating off news & hype. Read what unfolds in the price action & do not get distracted. The truth is, no matter what's in the news, investor's true decisions will show up once positions are executed (whether long or short). I dont care if its crypto miners or banks. Decisions aren't real until they show up on the time & sales tape, aka the candles.
There's no reason to be touching BTCUSD util the uptrend is reclaimed.
There's no reason to be touching BTCUSD util the uptrend is reclaimed.