Bitcoin moving with fundamental news

Timmzzy

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Quote from: BTC_Mouse on June 07, 2023, 05:13:04 AM

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.

the market now is controlled, mostly by the news T.A, is just for confirmation, and so on, but i came to a spot where am to ask questions like whats really happhappening in the trading space is it that we dont HAVE TRENDING MARKETS anymore or what because at times i seat to QUESTION? my own analysis.

Silberman

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Quote from: Jatiluhung on June 17, 2023, 05:07:51 AM

Somehow but nowadays fundamental news and bitcoin movement sometimes don't follow each other. If usually when there is a big cash flow, the price will decrease quite quickly. but at this time sometimes there is fud news today but the market declines the next day. Or when yesterday there was positive news about a blackrock company that might be included in a bitcoin ETF or something. Well usually big news like this will make the market excited. but it turns out yesterday the price actually went down again. and then it was only today that we saw the bitcoin bull run back. There are several pauses in price movements with fundamental news. But basically the movement of bitcoin still follows fundamental news, it's just that sometimes the market reaction is always a little late. Maybe my observation is wrong. but that's what I've been noticing lately.

What happens is that the strength of each fundamental news varies, but most of the time the news which have to do with a major country and their regulations have the tendency to move the market way more than other fundamental news, also the timing of the news is really important, if we are in a bear market a positive news will not move the price of bitcoin upwards as there is a huge resistance for this to take place, however if during that period a negative fundamental news took place then the price will go down at an incredibly speed.

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Quote from: Strongkored on June 16, 2023, 10:44:30 PM

Quote from: usekevin on June 16, 2023, 01:18:08 PM

Every time we get some news based on crypto currency.So the news was the cause of the rise in price or fall of the price.The prediction of bitcoin price by various traders and sharing on forum also affect the price of bitcoin in the market.The demand in the bitcoin in the market will also had some effect of the bitcoin price.Some call of trading signals also become a cause for price change in certain coin.

It always happens that news affects the price of the crypto market, but the difference is that only true news can affect the price of Bitcoin, fake news that speculators try to use to influence the market will not have a very big impact because Bitcoin's fundamentals are very strong compared to other coins. Bitcoin is back to a price of $26,000 and in this month perhaps the best price is $27,500. And always believe in Bitcoin fundamentals that have been tested in many difficult situations because the news that appears is true or not but Bitcoin is bounce back again.

As long as Binance and Coinbase are fighting against SEC for the allegations against them, I doubt if Bitcoin and the overall market will have much recovering, small ups and downs are a part of it, but it won't be able to go up much, so I believe this is nothing more than a trap for those who might start buying because it will dip again very soon and those who buy right now will regret their decision most probably.

The bounce back will take some time and it probably won't happen this month considering there is only about two more weeks for the month to end and we are yet to know the verdict of the cases going on, so we should probably either just wait or do DCA if the price starts dropping again.

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Quote from: Jatiluhung on June 17, 2023, 05:07:51 AM

Somehow but nowadays fundamental news and bitcoin movement sometimes don't follow each other. If usually when there is a big cash flow, the price will decrease quite quickly. but at this time sometimes there is fud news today but the market declines the next day. Or when yesterday there was positive news about a blackrock company that might be included in a bitcoin ETF or something. Well usually big news like this will make the market excited. but it turns out yesterday the price actually went down again. and then it was only today that we saw the bitcoin bull run back. There are several pauses in price movements with fundamental news. But basically the movement of bitcoin still follows fundamental news, it's just that sometimes the market reaction is always a little late. Maybe my observation is wrong. but that's what I've been noticing lately.

That is why the current situation is no longer predictable because the market can change at any time and does not depend on the existence of fud news or the movement of traders.

We must be careful with the current situation in the market and not just follow the fud news without seeking further information. We really have to keep learning to analyze and be able to find more information to understand what is and will be happening in the market.

Only then can we adjust our trades to enter the market after analysis. Maybe if we don't find any news, we can observe before deciding.

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Quote from: jeraldskie11 on June 17, 2023, 05:39:27 PM

The price of Bitcoin fluctuates gradually, but when there is significant news about it, there is an impulsive move to the upside or downside as I have seen in the market. I think that it's preferable if you're active on social media to know what's going on before it's declared, but that's not always the case; as I've seen in the market, if the price isn't yet announced, it won't immediately cause a big move. Meaning, most investors are waiting for official news before taking action because not every news is true; some are fabricated for the purpose of manipulation.

The general public understands how Bitcoin works; it's not a new concept, and I'm becoming more acquainted with the project on a daily basis, much like Gold in the currency market. Bitcoin is well-known for its tremendous up and down market movement, which is unpredictable by professional traders and does not always favor everyone. The fundamental news has an impact on all projects in the market and is the primary factor that moves in response to the news. CPI, FOMC, and NFP are normally released twice or once a week. News are generally appropriate, and are more comparable to technical analysis.

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Quote from: jostorres on June 17, 2023, 01:04:42 PM

Quote from: cryptodude on June 14, 2023, 11:07:44 AM

Bitcoin price may rise in cryptocurrency market based on some fundamental news. For example any government announcements, major partnerships and even world economic indicators can affect the value of Bitcoin. A good news such as Bitcoin acceptance in a new country which increases the amount of investment in the market and the price of Bitcoin increases while a bad news such as a problem with cryptocurrency security which increases the selling pressure can cause the price of Bitcoin to fall. Cryptocurrency investors can definitely make good earnings if they keep an eye on these market trends.

If the news is also positive yes but if it's negative, we will only experience a decline. Crypto investors can avoid losing if they can sell quick before the negative news occurs. This is why it's better to be aware on what is happening around you. Being active on social media sites does help as well because sometimes the happenings are being shared there before the news covers it.

The only way for a crypto investor to earn is when there is a good news. We can still be able to buy coins cheaply when the price goes down right after a bad news. Fundamental news is so powerful but there are still lots of people who underestimate it especially the traders because they only focus on the technical aspects.

The price of Bitcoin fluctuates gradually, but when there is significant news about it, there is an impulsive move to the upside or downside as I have seen in the market. I think that it's preferable if you're active on social media to know what's going on before it's declared, but that's not always the case; as I've seen in the market, if the price isn't yet announced, it won't immediately cause a big move. Meaning, most investors are waiting for official news before taking action because not every news is true; some are fabricated for the purpose of manipulation.

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Quote from: cryptodude on June 14, 2023, 11:07:44 AM

Bitcoin price may rise in cryptocurrency market based on some fundamental news. For example any government announcements, major partnerships and even world economic indicators can affect the value of Bitcoin. A good news such as Bitcoin acceptance in a new country which increases the amount of investment in the market and the price of Bitcoin increases while a bad news such as a problem with cryptocurrency security which increases the selling pressure can cause the price of Bitcoin to fall. Cryptocurrency investors can definitely make good earnings if they keep an eye on these market trends.

If the news is also positive yes but if it's negative, we will only experience a decline. Crypto investors can avoid losing if they can sell quick before the negative news occurs. This is why it's better to be aware on what is happening around you. Being active on social media sites does help as well because sometimes the happenings are being shared there before the news covers it.

The only way for a crypto investor to earn is when there is a good news. We can still be able to buy coins cheaply when the price goes down right after a bad news. Fundamental news is so powerful but there are still lots of people who underestimate it especially the traders because they only focus on the technical aspects.

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Somehow but nowadays fundamental news and bitcoin movement sometimes don't follow each other. If usually when there is a big cash flow, the price will decrease quite quickly. but at this time sometimes there is fud news today but the market declines the next day. Or when yesterday there was positive news about a blackrock company that might be included in a bitcoin ETF or something. Well usually big news like this will make the market excited. but it turns out yesterday the price actually went down again. and then it was only today that we saw the bitcoin bull run back. There are several pauses in price movements with fundamental news. But basically the movement of bitcoin still follows fundamental news, it's just that sometimes the market reaction is always a little late. Maybe my observation is wrong. but that's what I've been noticing lately.

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Quote from: irhact on June 17, 2023, 12:45:22 AM

Quote from: Mpamaegbu on June 12, 2023, 01:37:10 PM

~snipped

It could also be that because the market has already dumped so much for the past two years that we don't have much weak hands to be scared by what the security and exchange commission are doing to exchanges. When don't have much sellers left in the market and also if you observe the case, it has nothing to do with Bitcoin and the altcoins that it affects more are dumping and catching like wildfire.

You could've a point there. However, I do think it's more of people getting used to Bitcoin always coming back from its near "death experiences" each time and deciding to hodl despite any FUD. Even those who FUD do so to get cheap entry. Investors aren't as scared as they were a few Bitcoin circles ago. Each circle has taught many of us to continue to believe in Bitcoin's reliability. Take for instance, a few months ago someone begged me to invest in cryptocurrency of my choice for them. Knowing how nothing is certain in this industry, I took a gamble with Bitcoin. I put the cash on Bitcoin. On my own fund, I would've invested on some alts and borne the huge risk. I chose Bitcoin because it's money I wanted to gain back no matter how long it took. It will only use up anyone's patience for whatever dip Bitcoin is experiencing to get back to profit. This type of mindset I didn't have a few years ago. In the past I would've panicked with each dump and sold off but not now anymore.

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Quote from: Strongkored on June 16, 2023, 10:44:30 PM

It always happens that news affects the price of the crypto market, but the difference is that only true news can affect the price of Bitcoin, fake news that speculators try to use to influence the market will not have a very big impact because Bitcoin's fundamentals are very strong compared to other coins. Bitcoin is back to a price of $26,000 and in this month perhaps the best price is $27,500. And always believe in Bitcoin fundamentals that have been tested in many difficult situations because the news that appears is true or not but Bitcoin is bounce back again.

Dude, there is almost no such thing as true news these days. Just a version of the true news. You just have to see one event in the markets, and then ask different people what it means, and you can see 5 different angles. Even the news always shows opinion polls on what happens next and it's so and so people who think Bitcoin goes up, so and so think it goes down.

The more important thing to realize about Bitcoin price is "news" affects it temporarily. Fake or true. But wait long enough and it always goes up. Once you realize this you don't care anymore about news.

irhact

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Quote from: Mpamaegbu on June 12, 2023, 01:37:10 PM

The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread.

It could also be that because the market has already dumped so much for the past two years that we don't have much weak hands to be scared by what the security and exchange commission are doing to exchanges. When don't have much sellers left in the market and also if you observe the case, it has nothing to do with Bitcoin and the altcoins that it affects more are dumping and catching like wildfire.

News has always been the biggest influence on the cryptocurency market, whenever there's a news, the market will always react. It doesn't matter if the news has anything to do with Bitcoin or not. When the news is after the cryptocurrency industry, Bitcoin also gets affected just like with the recent news of the US SEC coming after centralized exchanges.

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Quote from: usekevin on June 16, 2023, 01:18:08 PM

Every time we get some news based on crypto currency.So the news was the cause of the rise in price or fall of the price.The prediction of bitcoin price by various traders and sharing on forum also affect the price of bitcoin in the market.The demand in the bitcoin in the market will also had some effect of the bitcoin price.Some call of trading signals also become a cause for price change in certain coin.

It always happens that news affects the price of the crypto market, but the difference is that only true news can affect the price of Bitcoin, fake news that speculators try to use to influence the market will not have a very big impact because Bitcoin's fundamentals are very strong compared to other coins. Bitcoin is back to a price of $26,000 and in this month perhaps the best price is $27,500. And always believe in Bitcoin fundamentals that have been tested in many difficult situations because the news that appears is true or not but Bitcoin is bounce back again.

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Quote from: usekevin on June 16, 2023, 01:18:08 PM

Every time we get some news based on crypto currency.So the news was the cause of the rise in price or fall of the price.The prediction of bitcoin price by various traders and sharing on forum also affect the price of bitcoin in the market.The demand in the bitcoin in the market will also had some effect of the bitcoin price.Some call of trading signals also become a cause for price change in certain coin.

Yes, the significance of these type of news do really make out some effects on the market now which unlike before on which it doesnt really make out some effect but now everytime we do see that there's some news which is really that connected to Bitcoin or some crypto then it do make out some effect and on the time comes on which the effect would really be having that domino effect.
This is why people most of the time would really be making out such step on placing their positions on the time that the market would be making out some correction.

This is where FA would be kicking in as an investor or trader then you would really be seeing this situation to be that relevant for you to make such action. Its hard and unpredictable because just
like been said by other members here that not all the time the market would really be having that kind of reaction. This is why its not still an assurance or being sure that it would be making
effect. This is where risk taking would take place because not all would really be having the same mindset and actions would be taking.

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Every time we get some news based on crypto currency.So the news was the cause of the rise in price or fall of the price.The prediction of bitcoin price by various traders and sharing on forum also affect the price of bitcoin in the market.The demand in the bitcoin in the market will also had some effect of the bitcoin price.Some call of trading signals also become a cause for price change in certain coin.

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Quote from: Mpamaegbu on June 12, 2023, 01:37:10 PM

Quote from: palle11 on June 07, 2023, 05:34:43 AM

The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.

The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline.

This is a good observation, the market went down after the news of the actions of the SEC against binance came out, but it is nowhere near as bad as it could have been, and this means that despite everything that happened people are still bullish, even if those feelings still are not reflected on the price, the only way to really crash this market is if a black swan came out of nowhere and hit the world, similar to what happened when the pandemic was first confirmed years ago.

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Quote from: Mpamaegbu on June 12, 2023, 01:37:10 PM

Quote from: palle11 on June 07, 2023, 05:34:43 AM

The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.

The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline.

Maybe you just look the market now and not before during the start of this news. Right now the market have recovered but before there were some minor drop and that might be reason why it didn't spread like a wildfire to other cryptos. It's also because many people did not panic because they know that Binance got this which is right.

People can develop a bull mindset but it would still be nothing once a major negative event hit the crypto world. That mindset can still easily change. The case of FTT is different. It's not SEC that harass them but they did something wrong which lead for their platform to collapse and that had hit the market very hard.

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Bitcoin price may rise in cryptocurrency market based on some fundamental news. For example any government announcements, major partnerships and even world economic indicators can affect the value of Bitcoin. A good news such as Bitcoin acceptance in a new country which increases the amount of investment in the market and the price of Bitcoin increases while a bad news such as a problem with cryptocurrency security which increases the selling pressure can cause the price of Bitcoin to fall. Cryptocurrency investors can definitely make good earnings if they keep an eye on these market trends.

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Quote from: Mpamaegbu on June 12, 2023, 01:37:10 PM

Quote from: palle11 on June 07, 2023, 05:34:43 AM

The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.

The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline.

Not really that much on which that recent SEC vs Binance issue on which the price didnt really dip that much just like on what most people been anticipating and is true and this is really just like on what happened on the time that FTX does have an issue on which the price had just dipped around -5k which we know that it isnt really that something massive, right? People are really just too nervous when it comes to these economical issues or situations on which this hadnt been that new anymore into this market on which it would really be that normal that there would really be these kind of declines considering that
it is really that attached to crypto space specially with Binance.

Whenever there are issues been raised on then it wouldnt really be that shocking that crypto market would really be having that reaction but if we do really compared in into those previous years
on which the scale of effect isnt really that much if you do compared to now on where it do really often have that effects and this is why people here on crypt does really have
that kind of anticipation most of the time if there are some problems similar to this.

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Quote from: palle11 on June 07, 2023, 05:34:43 AM

The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.

The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline.

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Quote from: BTC_Mouse on June 07, 2023, 05:13:04 AM

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.

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