I am looking for opportunities to scalp/trade when there is indecision in the market…for example before powell speech bitcoin was ranging so I made some good profits trading within the range...are there any other opportunities when there is indecision in the market apart from hours before Powell speech?
Trading based on news have its disadvantages because it is not every time that Bitcoin moves in accordance to how you would have thought. Some news make Bitcoin to dip and not rise but you would have originally taught the news will make the market to be bullish. There are also bear traps with news that make the market moves slightly bullish but suddenly begin to fall in a very short timeframe. Better you do some analysis based on the charts before trading and not just depending on only the news before you trade Bitcoin. The charts are going to give you an Idea of what is likely going to happen but the news can be a distraction and makes you to miss the real details that you will need to be having successful trades. The atmosphere of the market also determine how impacting the news is going to affect Bitcoin