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bears waiting for 40k - 50k, hoping for a 2022 fractal, are still staring at the Strait of Hormuz, waiting for some bearish catalyst to trigger a market crash
but Middle East tensions and the Strait of Hormuz aren't moving this market
believing there's a direct correlation between news and price is a classic beginner mistake
if bad news barely pushes price down, and vague or even questionable good news sends it higher, that's a bull market
everything is driven by price action
when markets dump on bad news, it's often because operators want people to believe the drop was caused by the news
right now, no matter what headline comes out, the market is likely to go higher
because that's just where it's headed