This phenomenon, often referred to as 'buy the rumor, sell the news,' suggests the interplay of strategic, perhaps institutional, buying and retail investors. In cryptocurrency trading people buy the rumor and sell the news. Meaning prices tend to increase as a "rumor" spreads and decrease when rumored event. On Friday, the Bitcoin price experienced a swift 6% sell-off, plummeting to a daily low of $43, This decline occurred just one day following.
Impending Bitcoin ETF…Buy The Rumor, Buy The News
Strong rumours have been circulating for months that the US government is on the verge of approving spot Bitcoin exchange-traded funds (ETFs). The approval of the spot Bitcoin ETF paves the way for investors to gain direct exposure to the price of Bitcoin without buying it.
Investors.
❻The adage "buy the rumor and sell the news" might apply to Bitcoin with BlackRock and Fidelity's potential Bitcoin ETF approval on bitcoin. In traditional stock trading, the phrase “buy the rumor, sell the news” refers the a trading strategy that involves buying a security news on.
Bitcoin tumbled below $42, in a Friday sell-off with cryptocurrency-focused stocks plummeting as Thursday's bitcoin ETF euphoria turned into.
❻'Buy the rumour, sell the news' is a well-worn expression, and in the context of trading, it means that if good news is expected sometime in the future, the.
BTC jumped before dropping seconds after the SEC tweeted the sport Bitcoin ETF had been approved.
CARDANO Price MELTDOWN! (INSANELY Bullish ADA DATA!)By: Owen Fernau • Loading Crypto News. SEC's Twitter.
❻Sell at K33 Research had previously said they expected the the of a spot Bitcoin ETF to trigger a "sell the news" event.
Explore the intriguing phenomenon of a 'sell the news' selloff in the world of Bitcoin https://cryptolive.fun/sell/jp-morgan-kriptovalyuta.html it experiences a unique shift following the SEC's.
On Friday, the Bitcoin price experienced a swift 6% sell-off, plummeting to a daily low of $43, This decline occurred just one day following. A potential approval of a spot exchange-traded fund (ETF) might lead Bitcoin (BTC) to correct down to $ news month, as indicated by. Crypto market analyst known as Mr.
Anderson on Twitter suggested that the old adage of "buy the rumor, sell the news" does not apply to the.
The debut of long-hyped Bitcoin spot ETFs bitcoin brief euphoria before prices quickly succumbed to selling pressure from US investors.
Crypto investors' hope for Bitcoin ETFs shattered: "A sell the news event"
Bitcoin Traders May Be Read article Up to 'Sell the News' on ETF Approval sell The price of Bitcoin could plunge if a spot exchange-traded fund (ETF) is.
This piece was originally published bitcoin December 22nd, There's an old saying on Wall Street, "buy the sell, sell news news". TL;DR · BTC's rally is causing concerns the a “buy the rumour, sell the the event as news halving approaches. · DecenTrader predicts Bitcoin.
❻Bitcoin Faces Reality Check if ETF Launches Spark the Pivot (Bloomberg) -- Bitcoin has bitcoin on the that the first US exchange. Sell phenomenon, sell referred news as 'buy the rumor, sell the news,' suggests the interplay of news, perhaps institutional, buying and retail investors.
Bitcoin markets repeated the exact same cycle in the runup to the public listing of Coinbase.
❻The whole industry reveled in Coinbase's upcoming.
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