I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.
It actually depends on what the news is. Like for example, people are viewing ETFs as a good news but in reality it is not. Last year bitcoin and the entire crypto market went up, when people heard of forks, especially the bitcoin gold and segwit2x fork(which was a fail). If there is a real positive news , the price is affected, but then again, we haven't had a good news in months now, so that should explain it. Don't consider nonsense as a good news.