I understand what you are saying.
I've traded stocks also and know how "Earnings exceed expectations" but yet the stock goes down anyways since most of the retail market is in it, kind of like TSLA or AAPL.
The problem with your theory is that its never correct all the time. Your theory works half the time. Sometimes the retail market gets screwed, sometimes it doesn't.
So even if you take contrarian positions everytime, you will lose money anyways.
Yes on Aug 1st there can be GREAT news, and BTC can go down due to manipulation.
I used to apply stocks and forex logic on bitcoin, but now i see it differently. They can't print more bitcoins into existence, and there are many bitcoins taken off the available market every day
Or the exact opposite can happen. So how exactly do you trade it to make money? You can't.
Its no different than a moving average indicator.
by not jumping with all funds into one position. e.g. grid, or even [unleveraged] martingale with slow unloading on the way up