Re: Is this a new BIG BTC buy signal???

yes, that is good news and it can have a positive effect on the crypto market for the better.

Should we say that it is a big rumor? every good rumor that comes out and gets published to articles, everyone assumes that it's going to be a reality. Though some of those rumors became true but it didn't really gave a signal for everyone to buy bitcoin.

As pooya said, you should look at the charts and analyze it to the best understanding that you can. Some news are just bringing false hope and fake news are also scattered on the web to bring hype and fear.

yes, I also always analyze graphics, but I also always analyze every news related to crypto.

in my opinion, news greatly affects the market, so graph analysis and news analysis are very important.

Don't invest big amount just based on these news. It can be fake news also.

If prices move up everyone will be happy but I'm not confident that as of now prices can jump very high. I too waiting for prices to cross 10K to books some profit.

@airdagon, yes news greatly affects the market. But it also matters if it's real or not, if it's real then the effect would occur for a very long time but if its fake then its all pure buzz and hype.

@minerhq I also doubt it that there will be a huge increase just because of that. It should be composed of pure market movements through high demand through people's belief and what we think about bitcoin.

In short, don't lean too much to rumors.