From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
There is no doubt FUD affects the market of bitcoin and when you add the volatility of bitcoin to the mix this only make things worse, however while this can affect the price negatively there are moments where the opposite happens and we saw this in bubble of the last year, where many positive news came at the same time and we saw a huge growth in the price of bitcoin.