Post
Topic
Board Speculation
Re: What Is the market turning into?
by
jaberwock
on 19/02/2025, 20:36:51 UTC
Due to my observation since EFT I noticed BTC don't make any movement during weekend mostly range during the weekend building liquidity and on Sunday during NYKLZ you'll that seeing volume injection then market open on Monday is when you'll see proper volume kick in, I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.

Who else has noticed this pleade do share your thoughts of how you've adapte to the market recently.
If I am not mistaken, when the Bitcoin Spot ETF was approved, the price movement increased even though before the announcement was made, the direction of the price movement started to get signals that it would increase sharply.
In conditions like this, I do not blame the situation because of the ETF even though I got one article with an analysis that I will not mention the source that because of the ETF the situation is like this.
Can we be principled on the principle that we are not always in the desired state.
That is right, the ETF news itself made bitcoin go up without even it starting, that was an important situation and I am sure that people are looking for more news like that as well. I am not saying we are going to see things changing, but that doesn't mean that we are going to end up with much more on the long run as well.

In the end, things aren't really that crazy right now, because we do not have that type of news at the moment, and sometimes there are news that will make it go up and we could be waiting for that, or sometimes it doesn't even require a news, it just goes up all by itself and we could be waiting for that too. In the end, whatever the reason will end up being, the price of bitcoin will go up again.