$BTC bounces to $20,000 despite the negativity on financial markets, and there's a reason for that
Whenever the absolute majority of market participants anticipate a certain event that should affect the market, they simply price it in advance, which is why almost nothing happens when an event passes. Sometimes traders refer to this general rule with the saying,"buy the rumor, sell the news.
"While the cryptocurrency market did not crash in the same manner, we saw back in June and even bounced a little, the lack of inflows and trading volume on Bitcoin and other assets means that we will not see any significant upward movements.Bitcoin still moves in the flag pattern, which usually occurs in sharp downtrends, reflecting the market's desire to"cool off" before making any other moves.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution – Fintech Bitcoin NewsFollowing the latest investment, Moove has raised $125 million so far this year, and $200 million since launch. nigerianfintech ridehailing
Baca lebih lajut »
Bill Gates funnels $20 billion to foundation and plans to drop off list of wealthiest people“I will move down and eventually off of the list of the world’s richest people,” Bill Gates wrote. “I have an obligation to return my resources to society in ways that have the greatest impact for improving lives.”
Baca lebih lajut »
Bill Gates is giving his foundation a fresh $20 billion to address global challenges'The faster we move, the less people will suffer.' Bill Gates says he would donate $20 billion to the Bill and Melinda Gates Foundation to address 'huge global setbacks' currently facing the world.
Baca lebih lajut »
This $20 Digital Thermometer Is Our Top-Selling Prime Day DealGrab this thermometer before it’s gone.
Baca lebih lajut »
Bill Gates pledges $20 billion to foundation to address 'huge global setbacks''I will move down and eventually off of the list of the world’s richest people.'
Baca lebih lajut »