I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.
If you are a day trader, paying attention to every market news might actually be helpful, as any little solid news can move the market into a direction you did not expect, but that’s not with strategy decisions. The period where all of their buying and selling decisions can make the market react in a way that it could be noticed, I would rather focus on news that have to do with the news than fomo being created by strategy acquisition and how other investors will react.
Traders on all levels need to keep their things ready and always have enough updates and movement around them because anything can bring good results, while any negativity can bring losses. Big trading houses now have their departments for taking all knowledge and updates because they understand living without them has never been a good idea; having things on level works better for them. It's social media and media that can bring changes in seconds.
The last few days have had enough spice; they are making good ways for them just because of this always staying alert and having speculations and other never-before-seen headache presences of mobile and relative apps. Now life is having good changes because staying in touch works and has benefits, but still checking for solid updates is not easy due to many ways that are hurting badly.