Professionals know that news releases can turn the direction of a market. Consequently, these can be entry or exit points.With news, volatility is typically increasing, and a larger volume of transactions is at play.We also got a hedge rotational “buy signal” for bitcoin versus gold on the weekly chart as gold holders might switch to bitcoin for the next foreseeable timeframe.Overall, the goal in mind is to “erase” intuitive responses and an execution time delay leading to sub-par entry timing.
