Bitcoin Forum

Bitcoin => Press => Topic started by: newsatbravenewcoin on March 04, 2017, 01:10:49 AM



Title: [2017-3-4] Bitcoin Price Analysis - Buy the rumour, sell the news
Post by: newsatbravenewcoin on March 04, 2017, 01:10:49 AM
With the deadline on March 11th for a Securities and Exchange Commission (SEC) decision on the COIN exchange-traded fund (ETF) quickly approaching, US Dollar demand continues to drive bitcoin higher. A recent outage on GDAX, one of the few bitcoin exchanges accepting USD customers, did not dampen the rally and suggests a high amount of traffic to the site. Although the ETF would likely increase bitcoin price long-term, traders may “buy the rumor, sell the news.” Three similar events illustrate how the market has previously reacted.

http://bravenewcoin.com/news/bitcoin-price-analysis-buy-the-rumour-sell-the-news/ (http://bravenewcoin.com/news/bitcoin-price-analysis-buy-the-rumour-sell-the-news/)


Title: Re: [2017-3-4] Bitcoin Price Analysis - Buy the rumour, sell the news
Post by: Lionidas on March 04, 2017, 02:45:19 AM
It is being noticed on all media outlets.
Even mentioned on the 6 O'Clock news tonight.
Sighting Bitcoin's all time high achieved and even by passed gold being closer to $1200 and bitcoin being closer to $1300 with a quoted price of $1298.
This is what they stated being the All Time High! :-[


Title: Re: [2017-3-4] Bitcoin Price Analysis - Buy the rumour, sell the news
Post by: zeze18 on March 04, 2017, 11:36:24 AM
With the deadline on March 11th for a Securities and Exchange Commission (SEC) decision on the COIN exchange-traded fund (ETF) quickly approaching, US Dollar demand continues to drive bitcoin higher. A recent outage on GDAX, one of the few bitcoin exchanges accepting USD customers, did not dampen the rally and suggests a high amount of traffic to the site. Although the ETF would likely increase bitcoin price long-term, traders may “buy the rumor, sell the news.” Three similar events illustrate how the market has previously reacted.

http://bravenewcoin.com/news/bitcoin-price-analysis-buy-the-rumour-sell-the-news/ (http://bravenewcoin.com/news/bitcoin-price-analysis-buy-the-rumour-sell-the-news/)

This is really something fantastic for Bitcoin users if the analysis is absolutely clear, of course happy for those who have a lot of bitcoin