BTC Bitcoin ETF "buy the rumor, sell the news"
BTC Bitcoin Price fell today amid speculation of ETF rejection.
Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit.
However, it's crucial to note that this strategy is often driven by the fear of missing out (FOMO). The surge in buying activity prior to the news can lead to heightened selling pressure from market participants once the news is confirmed. Consequently, the price of the asset is susceptible to a decline as traders liquidate their positions, emphasizing the speculative nature of such market dynamics.
My price target for BTC is about
36K in this situation.
Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit.
However, it's crucial to note that this strategy is often driven by the fear of missing out (FOMO). The surge in buying activity prior to the news can lead to heightened selling pressure from market participants once the news is confirmed. Consequently, the price of the asset is susceptible to a decline as traders liquidate their positions, emphasizing the speculative nature of such market dynamics.
My price target for BTC is about
36K in this situation. 
Private Signals patreon.com/PremiumOptionsSignals
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.