I think prices move basically by the control of fundamentals. Fundamental analysis includes news which is also called as part of fuds. They are very important movers of the market and affects or improves the market very well.
There is so called "Hype" for fundamental analysis which maneuver the prices of bitcoin. Hence, there are FUD news that spread during bull run market in order to have a panic selling which definitely cause to dump.
Technical Analysis is just forecasting the price with a various gathering tools using the history of trade and I think it does not matter the price at all.