Post
Topic
Board Trading Discussion
Re: Trading With Bitcoin news
by
nelson4lov
on 29/09/2024, 22:54:00 UTC
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?

In recent times, that's the major event that has acted as a catalyst for some rapid market movements (up or down). Someone made a post on X recently about an observation that news are beginning to move prices because they stopped moving prices a while ago. A project might do a v2 Mainnet update and you won't see price react to it — The Powell news is a major macro news imo. Another news that often move price in both crypto and stocks is CPI. PPI doesn't have the same effect unfortunately.