Tyler Durden – For all its positives, bitcoin is perhaps the only security that prices in the same news over, and over, and over again (especially when the news is bad).
We saw this last month when bitcoin tumbled repeatedly after every single fake attack in the fake “Iran-Israel war”, as if it was pricing nuclear Armageddon over and over instead of actually reading between the lines of the staged theater between the two middle-eastern states. It eventually rebounded and recouped most losses but not before finding something else to be just as shocked over, even though this too is not news at all. Continue reading