bediger4000 2 days ago

> Bitcoin fell nearly 5% to $85,000 in the minutes following the order, perhaps over disappointment the reserve consists of tokens already held by the government, but — for now — includes no new buys.

Perhaps over this disappointment. Perhaps not. Who can say?

  • npoc 2 days ago

    Yes, interesting how people assume short and medium term price movements are down to sentiment.

    Most of these movements are down to professional traders buying and selling in patterns that have evolved to extract the most money from people staring at the price and listening to the news.