Wednesday, December 27, 2023

Please explain logic of "sell the news" for ETF Approval

Oh I get the general concept (I think), but if you had opened a position on Bitcoin back when rumors of ETF approval started or when likelihood started increasing, then wouldn't you sell now, when the price is quite stable, we aren't seeing a massive run-up to Jan 9 possible event?

What possibly are you thinking as a trader? Please explain.


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