Miles Deutscher
@milesdeutscher
Crypto analyst. Obsessed with AI. Tweets aren’t financial advice. Sharing early alpha in @mileshighclub_. Building @aiedge_.
Joined June 2013
2K Following 623.4K Followers
"Why isn't the market pumping on good news"
Well, Trump already revealed his hand during his campaign.
Markets always behave on the premise of Reality - Expectation.
That's why price moved aggressively post-election into the inauguration, and is now stalling once his *actual* promises are being delivered on.
Short term, market is exhausted - that's clear.
Long term, many reasons to be bullish, and the setup is clearer than ever, especially for $BTC and some majors.
But short term, the market is a bit lost and will take some time to find its way (mostly macro related).
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