Topic: How much the power of news can affect the Bitcoin price? - page 5. (Read 3390 times)
Good news can affect too much in bitcoin price because it will attract and convince people to use and invest in bitcoin that makes the demand increasing and makes the price also increasing. Bad and fakr news can make people think negative and lost trust to bitcoin that can lead bitcoin demand decreasing together with the price. But over all the news only affect bitcoin depends on the people on how to deal with it.
right now, considering the dip in the price of bitcoin, every person is keeping their ears and eyes close to every relevant information that comes from the media towards and about bitcoin as investors do not want to jump blindly into investing and later hear stories that will not be welcomed into their investment.
About 70% of people living in this world are influenced by the media specifically the news the media broadcast about anything. Considering Bitcoin, for instance, panic and newbie investors who just join bitcoin investment most a time sell their bitcoin once there is news about bitcoin. And the price of bitcoin is affected by the demand and supply rate, if a lot of people are selling their bitcoin this increases the supply rate which further affects the price of bitcoin in general.
Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
Really affect. This is what will i said, especially if there are newcomers that in crypto activity, they will always believe media and news about bitcoin. When good/ bad news come they always panic and make market price move. Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
I don't think that news affects the bitcoin price, but it has a role to the down and up of the price. As I know that bitcoin is not like a virtual currecny, which influence by the country or state stability such politics issue, religious issue, and even economic issue. The stability of state can makes the currency downs. And bitcoin is not influenced by those condition. I is decentralized and of course not influenced by any issue and news. It has own price and value, these all are based on the stock market and demand.
Without any dispute, the price of bitcoin is certainly affected by news, that is part of what forms the technical analysis (TA) in bitcoin analysis. But it should be noted that the effect that any news will have on the price of bitcoin depends on the source of the news and the authenticity of the news.
The news has great power and I believe what you mention there. Good news can make bitcoin price up, In the end of the July, Bitcoin went to 8400 USD from 6700 USD within a few hours! Because of a very good news that some big investors invest in cryptocurrency. And the bad news makes the panic in crypto people's minds.
it really appreciates and lowers the price of bitcoin. It defends how news affects the value of Bitcoin. For all bad news it will make bitcoin go down because other people will sell because they are afraid that it will not appreciate again.
the news doesn't really affect the price. The problem is that there is always a government behind big media. And that will do everything to keep making a profit.
the news doesn't really affect the price. The problem is that there is always a government behind big media. And that will do everything to keep making a profit.
The news effect is very powerful for people, if it is supported by manipulation in the market. This can easily be done by holders of large amounts because of the small total capitalization of crypto market. Last such manipulation was carried out after reporting a negative attitude of Goldman Sachs towards cryptocurrencies.
The news has great power and I believe what you mention there. Good news can make bitcoin price up, In the end of the July, Bitcoin went to 8400 USD from 6700 USD within a few hours! Because of a very good news that some big investors invest in cryptocurrency. And the bad news makes the panic in crypto people's minds.
Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
The impact of news in Bitcoin depends on how accurate and the authenticity of it. It also depends on the circumstances and the major role of a subject or situation that the news would deliver. Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
As far as I’m concerned, how much the power…. it depends on the quality of news. There are a lot of news about bitcoin everyday include fake news and real news. However, with a person who already took part in Bitcoin, I believe that they can classify it.
It seems to me that bitcoin’s price is easy to be affected by bad news
good news and bad news have big influence to bitcoin price because it happen many times like recent etf news. But sometimes we can see different when good news out but the price dump. that i dont know why
I am not expert and don't know whether it is true or not but I have heard that btc price will become higher only closer to the end of the year. I think that you will be able to see this with time, now better buy it and keep
Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
Watching the news, you can identify the following trends in the movement of bitcoin,and all cryptocurrencies. But again, not all positive news can affect the upward movement! Here you need to have the skills of fundamental analysis, to distinguish short-term news from the perspective, to understand what the market needs right now! And returning to the question, many believe the launch of ETF news of the year, and believe that it will raise the price of bitcoin. And if you remember last year and see how everyone was waiting for the bitcoin hard fork, the news was not quite positive, they said that the split would lead to a decrease in prices, etc. And in the end came out!!!
"The more news you hear, the more effect it will have!"
Yes, the news has great power to influence the price of Bitcoin because the holders, humans, are a group of emotional.
For example, If most of the holders suddenly believe in a news that says Bitcoin is Bubble etc., then they will panic sell, and this makes the price fall. from there we can see how much news power can affect the price of Bitcoin.
For example, If most of the holders suddenly believe in a news that says Bitcoin is Bubble etc., then they will panic sell, and this makes the price fall. from there we can see how much news power can affect the price of Bitcoin.
It's either FUD or fomo, news is very important, it has a very big role to play in the crypto world, it has a nagetive and positive impact
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