People just don't understand how markets work. My timeline is filled w posts about BTC not dumping on bad news. Lol what? We have been dumping for weeks as the US moved military hardware to the Middle East. Markets have been anticipating military conflict the entire time. And prices were dumping hard. But information that is public and readily avail to all gets priced in quickly. When the missiles finally started flying this weekend with tremendous early success, markets rebounded. People sold the rumor (neg news) leading up to the event and then bought the news. It's classic market psychology. Has nothing to do with "not dumping on bad news."(Satoshi Flipper)