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RE: Bitcoin report 300617 - Are we ready to break higher?
Thank you very much @makeithappen & @christopher-ryan for having a discussion in my post on BTC.
That is what I hope to see more, rather than upvotes. Discussion, I will always upvote 100%.
Most of the time, markets are always forward looking, whichever direction most people think it will go, it would had gone. By the time public determines if it is +ve or -ve. The big boys would be moving the opposite direction.
Example bad news:
BTC takes a further dip. Most people will panic sell.
Big boys will accumulate.
Therefore, by looking at the market direction before the release, we can gauge a rough outcome(: