Whats good gang, Ok so a article has been released stating that the SEC has declared the green light for bitcoin ETF. Just released a few moments ago.
https://www.coindesk.com/business/2021/10/18/proshares-etf-to-start-nyse-trading-on-tuesday-report/
Question will new york respond to this?
We must be aware, we are in ATH ranges…Not so many vectors to consider on the way up except those from last nights drop…
Expect new york to be somewhat volatile.
Just keep your witts and dont fall into the hype. Wait for a clear indication the market maker is stepping in.
It’s all down to New york guys…The price action we are witnessing is news based and anything goes…Keep your trigger finger at teh ready, exploit vectors where possible, if you are wrong, cut the loss and try again…
Proceed with caution…They may initiate a stop hunt low in new york and a move higher?
This is where your understanding of the hybrid comes into play…
Always ask….What does the Market Maker want the retail trader to think?
Mad Love
T
