Media go with the flow. If the market is exuberant, you see mostly good-news headlines. When the market is in dog days, all the pessimists come out of the woodwork and bad-news headlines prevail.

Some prime examples:

Right now, you hear a lot about Bitcoin “not solving any real issues.” The news is also dominated by scary stories about the government’s “power to make crypto disappear.”

The opposite was true when the market was flying high. All the talk was about how Bitcoin and other cryptos (altcoins) were destined to replace fiat money as the world’s reserve currency. And insane predictions of stratospheric Bitcoin prices prevailed.

The fact: News cycles are driven by price, not vice versa.



And i suppose bitcoin is not bubble. Bitcoin has been called bubble for long time, but it is actually not true. If it was a bubble, it would not back to bubbling again because peoples would afraid to buy bitcoin again. But now, bitcoin users and holders is not fewer. Peoples keep buy and sell bitcoin in the market.