For the traders here, have you noticed how negative news or narratives often align with the chart?
If you pay attention, you’ll see that just before a breakdown after several days of distribution, a negative news story tends to appear in the media, and then BTC dumps hard.
I’ve observed this pattern repeatedly, and I’m curious if it’s coordinated.
I’d love to learn more about this. Your opinions are welcome.
Manipulations in market is possible or could happen but there's no solid evidence that we can be able to point out our fingers and sues them out. Wait, whom you would be trying out to blame into those movements?
We do know that there would be always those big players or to those who are sitting at the top on which they could make those possible manipulations for their own benefit but of course they would be that letting it not to be that obvious as much as possible and this is where we do have sudden events that do happen in the space and it could neither be giving out some impact into the market or not. If you do find yourself that you do see up the pattern then you can just that simply ride with that and make that kind of advantage on which this could bring out that potential profits. Fundamentals doesnt always affect out on how the market moves but this is something an analysis that cant be neglect out because if there are some major economic news then we do always assume out that it will be bringing out that such impact whether the news is positive or negative ones then it will be that have that potential effect and this is where we do presume out that it would happen, but we do know that crypto market isnt that always be that highly reactive then it comes to news and sentiments. There are those times that it doesnt have any impact at all and there are those times that even technical analysis and fundamental doesnt work on which it could move out randomly without any basis. One of the main reasons on why there's no assurance about making money within the markets because no matter how good your analysis would be on which the market could easily fucked it out and leave you out or simply do mess up with those analysis that you had made out earlier. It neither correlate or not, there's no way of knowing that and thats why it will be just that depending on you on how you would be able to react accordingly and set out your back up plans if ever the market goes opposite on what you have analyzed.
News could neither give out that impact or not and it will be that everything basing or depending on how you would be acting into it. There are those times or moments that you are that being that hesitated just because you are seeing that sometimes it doesnt have any effect.