Fundamental analysis affect the most of it, and its based on whale as well as they control the news too. When technical just affect a little.
To me both has some effect as we say fundamental is good to short time but the technical is better for long time but I think the movement of the bitcoin mainly by the technical analysis, we all are aware if it that bitcoin currency is going to through some increase in the price, but it is not good to choose one as I said above we should use both at the same time use to mixture of both the fundamental and the technical analysis.