“Bitcoin ETF is sell on the news event”…ok…maybe if you’re looking at the 1 minute chart. Learn to fucking zoom out, noob.
Discussion
I’m hoping it is - as it will be temporary and may allow for some cheap day sats before never dropping back to these levels again
There are a few things that are fundamentally different here.
1) ‘The News’ is literally news allowing $millions/$billions to enter the space. It is not just any news.
2) There are other major events happening:
- The halving
- The fed’s dovish stance for next year including rate cuts
- Argentina is a big deal. When a whole country embraces Bitcoin, other countries listen