Quote from: Awaklara on Today at 02:32:33 PM

Quote from: Ethan_Crypto on June 22, 2025, 09:42:09 PM

For the traders here, have you noticed how negative news or narratives often align with the chart?

Big news, or what is said by influential figures in the world regarding Bitcoin, can affect market prices. They are affected because some traders follow what influential figures say. These news stories direct market sentiment to move in a certain direction. Like when Trump spoke about Bitcoin during the election campaign. This creates market sentiment that moves prices. And vice versa. If the news or narrative conveyed is negative, it can create negative sentiment in the market.

This is true, charts don't just move, something has to propel it and it's mostly the fundamentals, when global trends happens it creates the market sentiments to move in certain directions and traders naturally reacts to it. To a large extent influential people directly or indirectly influences and manipulates the market because their actions manifests in market sentiments, take for instance when the actions of Trump, hits major headlines Bitcoin price reacts to it. I believe that traders who are in the know before major news breaksout will have an advantage over those that waits for news to happen.