Quote from: tranthidung on September 02, 2019, 01:46:10 PM

SEC is not important at all, as what relates to China. I don't think any of them are important for bitcoin and crypto in general. Price dumped due to SEC, nope, price pumped due to SEC, nope. Price of bitcoin and altcoins will rise or fall depend on their price cycle. SEC can not boost price to move up if a coin jumps in its bearish cycle.
If you only focus on news, you might get lost with crypto trading. In contrast, paying more time to look at instinct, hidden things from technical aspect of price chart.

As much as I would like to agree Bitcoin is still heavily influenced by news and it remains a big driving force when it comes to the price. The mt gox event will probably be a good way of getting exposure for Bitcoin and might bring people back into the crytocurrency universe but the SEC ruling will definitely have some sort of impact on the price.