Post
Topic
Board Bitcoin Discussion
Re: Tracking Bitcoin price versus tracking share market price trends
by
palle11
on 15/04/2025, 12:19:34 UTC
Do you feel that tracking share market price is much easier than tracking Bitcoin prices or crypto coins prices ? Like if we see case of share market, there are dedicated TV news channels discussing business news related to shared and stocks of different companies ? Do you see similar thing happening for crypto also in future ?

I don't think TV guest and analysts have much to cause market to move either up or down except the analyst is a whale hodling alot asses and discussing his next plan of action like Elon musk on some of his Saturday night live shows or Trump for instance. But if for an unknown media analyst, I don't think there will be an impact on cryptocurrency price because they are only analysing what has already happened using technical analysis and charts although they might analyse the future but it is not as the same with a whale saying his next plan of action. This is same with stock, a CEO coming on television to discuss the company's agenda, challenges, future plans etc is not the same with what an analyst would say. Over all, I prefer technical analysis. That is what gradually guide you to where price is heading to.