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
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
The news plays their part mostly in the downward direction which is what I have noticed especially in the recent market condition and i do feel the big players takes the advantage of such things and manipulates the market for bitcoin market.
For altcoins, it is usually an up and down trend regarding the news the good news pulls the price up and vice versa. But that also does not seems to be working in the current market.