Post
Topic
Board Trading Discussion
Re: what kind of news or information effect THE PRICE OF COINE
by
StarofBTC
on 22/09/2018, 07:36:14 UTC
Hacking example when there's a news that binance got hacked the bitcoin price would go down. Hype news also effects the price Ex. the HOT last week it's been hype by news so the price pumps.
Most times, I have always had this feeling that there are just some people somewhere who certainly want you to believe that news can be driving the market. Sure, there is no doubt that news is one major and necessary part of the market fundamentals, but I have seen how news have acted in the previous months, especially positive news not being so effective based on the current nature of the market. Nevertheless, there are so many complexities to this market movement than just news.