In my opinion, it is still the quality of news that really affects the Bitcoin price, fake news spread by fudders will not affect the pricing, the question is what is the news? where it came from? Is it real? Most news affecting Bitcoin price are those news came from the government, those news that really made against the Bitcoin like banning from a certain country, declaring it as illegal and the likes of them.
yes, The media is one of the most effective means of manipulating the public. News feeds are able to instill panic and fear in a mass manner, as well as euphoria.and this panic attitude led to the collapse of the bitcoin price from $ 5000 to $ 3000.