⚡️ Bitcoin under pressure: how do surprise news affect the market?
In the past few hours, U.S. Treasury Secretary Scott Pruitt stated that the U.S. government will not purchase Bitcoin to expand its strategic reserves. He clarified in an interview with Fox Business that any increase in the federal Bitcoin reserve will only come from assets seized in criminal investigations, not through direct market purchases.
🔻 This statement surprised traders and led to a rapid decline in Bitcoin's price, as some interpreted it as a sign that the U.S. government does not consider Bitcoin a strategic asset yet.
🧭 The most important lesson for traders:
News rules the market: no matter how strong the technical analysis is, surprise news can break the trend or accelerate the movement.
Market reactions can be exaggerated: sometimes the initial drop or rise is emotional, followed by a correction in the opposite direction.
Timing is important: when strong news breaks, it’s best for traders to wait until the market calms down and shows the true direction instead of jumping in amid the chaos.
🎯 How to act like a professional?
Don't rush into the first movement.
Monitor trading volume to understand whether the decline is real or just a temporary panic.
Always set a Stop Loss plan to avoid sudden crashes.
📌 In summary: markets do not move just by numbers, but also by breaking news. A successful trader learns how to balance technical analysis with news analysis.
