10x Research: New announcements usually drive cryptocurrency prices up, and once the news is confirmed, sell-offs occur

ChainCatcher message, 10x Research published that one of the most important rules in the cryptocurrency space is that announcing new information takes precedence over everything else. When new catalysts are introduced, Bitcoin and other crypto assets experience significant volatility (mostly upward), but once the news becomes reality, a sell-off occurs. The key is to understand the importance of the news and react quickly. Traders should (at least) maintain a bullish position until the news becomes a fact.