What is Nostr?
AHWhite
npub1c2r…mmvf
2024-07-21 20:15:22
in reply to nevent1q…qnwh

AHWhite on Nostr: I think this quick dip and spike was more a result of computer trading and not really ...

I think this quick dip and spike was more a result of computer trading and not really emotion. They are programmed to sell on any "shock news" no matter the asset or content of the actual news itself (would have looked the same for the stock market had it been open). The quick recovery is then the opposite more rationale reaction as in "Meh,it doesn't really matter in the end "

Doesn't change the fact that bitcoin is a 24/7 pulsemeter to the news though.
Author Public Key
npub1c2rvx6ue9uewl452kczcfxz9w242sfzn64ul8dv2afd3t5dpktzs0kmmvf