Post
Topic
Board Speculation
Re: How much the power of news can affect the Bitcoin price?
by
Fappanu
on 06/09/2018, 13:01:53 UTC
Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks   Smiley
This is why we can see the bitcoin price improvement. If the news is bad as being banned in bitcoin, many people will be afraid because of its price. So many people panic selling results for price drops. And of course if the news is good as bitcoin is legalized by big companies it is sure that the demand will increase and the price will increase.