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
In my opinion, I think the news can really affects the bitcoin's price in the market in a way of positive and negative. If that "news" is a good thing then it might encourage the investors or funders to try the bitcoin and that sitiation will lead to the great increase of price. However if that "news" is a negative then it will make people disinterested in bitcoin and quite hate it resulting to the drop of price. I think that is the connection of the two.