Bitcoin moving with fundamental news events and the breakout turns to be a fakeout now. Price fully reversed back to the resistance area and rejected again. #BTC back in range, so lets see where the breakout would be.
With time just like the way the government wants it, Bitcoin would be controlled by fundamentals and I think this would aid the government to create unnecessary news that would effect the price of Bitcoin and make investors to panick. Like we have seen from the fee news recently, it had affected the price of Bitcoin and made it to fall in price which is one of the things that the government wants to manipulate the market with other whales. Bitcoin is moving to level where small news, whether it's fake or authentic would affect the overall prices of Bitcoin and altcoins just like we have in the forex market where news have higher effects on the currency market.