The Market Just Told You What It Really Thinks
The market seems to be sending very positive signals today. If you're feeling discouraged by Bitcoin’s recent price drop, here's something worth noting.
As soon as media reports surfaced claiming Trump was considering a proposal to delay tariff introductions for 90 days (excluding China) for further negotiations, Bitcoin quickly surged from $76K to $81K. However, once it became clear the news was fake, the price immediately dropped back.
Let's unpack this:
- It wasn’t about canceling the tariffs,
- or even delaying them,
- just that there might be a proposal to consider a delay,
- and not even for the most critical tariffs - China wasn’t included.
And yet, based on that, BTC pumped 6%. On a fake headline.
Now imagine the reaction when something real hits. And when the actual good news comes (and it will - politicians always make deals in the end, that’s literally their job), the market won’t just blink.
This tells us one thing loud and clear: the market knows current prices are low. Some traders hold out, hoping the price will fall even further, while others are trapped in the classic emotions of fear, uncertainty, and doubt (FUD). Yet, as soon as even minor news like today's emerges, the first group quickly realizes prices won't drop further, while the second group's FUD loses to the hope inspired by such a news flash. Ultimately, everyone ends up buying Bitcoin at current or even higher prices (people bought at $80K, even $81K, until the news was debunked).
If this isn't a bullish signal, what is?
If you’re sitting in stables and thinking of buying BTC - rabbit.io has you covered. Along with thousands of other coins you might be seeing bullish signs in too.
