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RE: Bitcoin ETF Mania Has Turned into a "Sell the News" And "Take Early Profits" Mania

in LeoFinance5 months ago

Completely expected this kind of price action and is why I was sitting out this week letting it play out. I had a feeling that once approval happened, the price would drop because these hedge funds would wan to buy lower. Just let’s me stack more sats.

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Frankly, I thought there would be such a decrease, but on the other hand, people's expectations were high, so there was a possibility that the price would increase wildly, but it did not happen. Also, the bitcoin halving is only 90 days away, but I think many people are ignoring it for now.

I was totally expecting a sell the news event exactly like we saw. I don’t know 🤷🏻‍♂️. When people expect things to happen, they rarely do.