Post
Topic
Board Trading Discussion
Re: Trading With Bitcoin news
by
fikrett
on 02/12/2024, 08:32:11 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?
It's hard to decide which news will pump or dump the market, usually very influential news appear once in a year and you can't be with news websites all the time. I've also noticed that every news website posts news later, after the market correction but the fact is that some people have access to news before they are published.

Most of the time, by the time you got the news - it would already reshape the market a bit, so it would be too late to do something.
Better yet is to look at the perspective of these news and how they would affect the coin in the long run.