You should understand that bitcoin as ut is right now is still very vulnerable with news and economical events. So whenever some big news pops out of nowhere, the price really increses fast and continues or dumps depending on the significance of the news. Byt this doesn't mean that just about anyone who know about news can have profits. There still has to be at keast basic knowledge abiut trading like some indicators, patterns, and support/resistances. Because news alone can fck you up since nit all the time the market react with news the way you want it too or asbug as you want it too.