The day was volatile, as you can see from the candles with the long wicks up and down. Price pushed up to around $49,000 and down as far as $45,500. We had similar price action on the fake news, although that was faster and more violent.
As I continue to say, the longer term effects of the ETF are not priced in, and trading around the actual news event is entirely avoidable.
Ethereum continues to rise against BTC and altcoins are looking generally better. The degenerate crypto traders have moved on for now. They have rotated.
As I continue to say, the longer term effects of the ETF are not priced in, and trading around the actual news event is entirely avoidable.
Ethereum continues to rise against BTC and altcoins are looking generally better. The degenerate crypto traders have moved on for now. They have rotated.
scott.melker@texaswestcapital.com