Cryptocurrency There are a number of developments in front of the units that lower the risk appetite. It seems that March will be difficult from many points, but has this news been priced in advance?
Cryptocurrency Michael van de Poppe, who is known for his successful analysis of the units, said that after listing the events that lowered the risk appetite in March, the rumor about these was sold and he expected prices to rise when the news came true.
Here’s Poppe’s post:
“Ethereum Shanghai upgrade (unlock) in April
Silvergate bankruptcy
Distribution of locked Bitcoins on Mt.Gox
Additional interest rate hikes from the Fed
All these events that will take place this month can be evaluated as “Sell the rumor, buy the news”.
Selling when the news hits, then the rally”
In March we will see the market driven by the news. At this point, will the market act against the expectations of the investors? We will be following.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!