Re: How much the power of news can affect the Bitcoin price?
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
Well i do think news have a great power in bitcoin. The recent news about goldman sach postponing the crypto trading desk make bitcoin fall more than 10%. So i guess bad news has a big impact right? 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
Sometimes news can affect the price of bitcoin as many people believe in media news. But these people should see the progress of bitcoin over this year. Many said that bitcoin will disappear from the market in few years but it is still the no#1 crypto coin.
Well Bitcoin is good cause its the first coins that using blockchain technology and its really famous, thats the reasons why altcoins are not match for bitcoin.