Bitcoin Forum

do you think that there is a correlation between the price of bitcoin and the news trends ?? I check the google news for "btc" everyday and I noticed that in the previous months when bitcoin's prices were dropping, the news were all grim and calling btc to be dead. however now that we are seeing a "potential" reversal (this could very well be a trap) I am noticing that the news are positive mostly.

so what I think is that the news are reflecting the "emotional" state of the market and what investors are feeling about bitcoin, and now for the most part it's positive.

Somehow your analysis is right but I would call it as "news reflecting the direction of the public's sentiment" most of the times but there are instances wherein the public's sentiment for crypto is good despite having a bad news. Either way news are a good indicator of price rise and dump, even if it is still a rumor that might turn out to be a fact someday(so long as it is from a credible source).

Most of the effect from news are just psychological on market/price as bitcoin is known to have speculative price any type of news can affect the price because traders used to easily get panic or fomo. Whales always create trap using such news where newbie investors get trapped and loss while whales keep on making profit regardless of market condition.

Yes news have huge emotional affect on bitcoin's price till now, most of the assets do have such effect.

I guess this is what is popularly known among investors as Fundamental Analysis

Fundamental analysis is a method of evaluating a security in an attempt to measure its intrinsic value, by examining related economic, financial and other qualitative and quantitative factors. Fundamental analysts study anything that can affect the security's value, including macroeconomic factors such as the overall economy and industry conditions, and microeconomic factors such as financial conditions and company management. The end goal of fundamental analysis is to produce a quantitative value that an investor can compare with a security's current price, thus indicating whether the security is undervalued or overvalued.

Read more:  Fundamental Analysis (https://www.investopedia.com/terms/f/fundamentalanalysis.asp#ixzz5D7hs5LcO)

Bitcoin or any cryptocurrencies is very sensitive in news even if it's a fake news because people are scared that they will loose money if there is a bad news and earn when there is a good news.

This is the art of trading cryptocurrencies  ;D. News is just news, rumor is just rumor, both of bad or good, its what we call fundamental. Beside them, don't forget about analysis technical which show us about psichology of most trader. So it's technically show up.

Since these crypto markets are not regulated by any governments or reputed institutions when there is small news about it markets will show an immediate reaction to it. Because people will be in a panic that these coins can either tank or go high more than 100% in a day. Particularly new investors will be more panic to sell at the bad news because they are not used to these high volatility market.

There were some cases in which bad news didn't affect the price and that was during the bull run. Financial experts who continuously bashed bitcoin for being "useless" and "impractical for real-world applications" also contributed in the string of bad press for bitcoin yet the price ignored these things and we just went on our merry way. Though at some way bad news help in changing the sentiment of the market, it still isn't enough to solely move the prices since traders still act on what seems to be the most profitable move irregardless of the news circulating around. It does have some sort of relationship to the price but it's not always the case IMO.

Most of news being untrue that is the problem mate. If you want to see the perfect news about the cryptocurrency I suggest you guys to go with the Coindesk news site only. Other side like famous media release are not at all a true one.

Government and banks will never support the bitcoin or any decentralized crypto currency. Please do not argue with the ripple acceptance on banks by seeing my text. They are just shit in this crypto marketplace.

For me good or bad publicity is still publicity,so what matter what happens bitcoin is getting popularized by this issues,what we onlyneed to do is keep the market alive,lets keep some holdings and patience so when the rebound happens we are ready.

This is how media works.they will push what is trending,they dont even care ofhe truth whats important is theyre news to he marketed

A good or bad news can affect in price hugely because when you will hear a bad news about cryptocurrency,then you will see after  that price is dratically decreasing.I think there are lot rumer that can directly affect on cryptomarket.

There are 3 types of analyses on financial markets: technicial, fundamental and sentimental. Fundamental research is based on news and its affects on financial tools. So, bad-good news can affect market without any technical analyse. In the cryptocurrency market news is main factor of moving prices like fuel on vehicles.

Obviously where have you been until now? Thats the case man and that is what creates the FUD in peoples mind and sometimes people create such FUD's to move the market. The good and bad news are such pivotal things that they could drive the market crazy. Remember the last china news that spread all over the globe news channel then immediately after that there was mega dump of the bitcoin. Yes news was true but it was bad and market reacted to it very very quickly. Thats what the power of news channel is. Off course they will always make news which look more dirty to grab the attention of reader and fear will follow too.

Good or bad news does not affect in the price directly, but its affect the attitudes of the customers/traders who have the effect on the price.
So the interaction of traders with the news is what affects in the price. greater interaction ----> greater impact
Some bad news such as China's ban sparked panic, triggering a strong sell-off and thus a fall in price

It depends on the nature of the news. If a news like banning of cryptocurrency comes from a particular currency, then we obviously see a drop in the trading volumes and the price since people begin cashing out, on the other hand if it is a minor negative news, then it doesn't really create much of an impact.

It also varies from country to country. If a major nation bans bitcoins, the price starts to falls. If a major whale begins dumping, again price starts to fall. While if a big name joins the game, the price appreciate. Isn't that how the world works? You can relate the same to stock markets too.

News is one of the factors why people have different approach on a certain trend.

Depends on what type of news, it contributes well to the strategy of a trader on choosing which actions they will done whether to buy or to sell. But as you see in most of the cases, those news results you will see via your favorite online search engine are already an output, meaning the price actions already started and those news will just tell you what's should be the reason behind it. That's the reason you will see that whenever there is an uptrend, news are positive and vice versa.

As a trader, it's quiet a must to include news as one of the recipe in order to make a good analyzation on what to do next.

There is a correlation but it does not move according to every news, but regular good news can change the direction of bitcoin this id what happened now.

You already answered your own question ;) which i do mostly believe into that matter. Fundamentals do really mainly affect bitcoins or altcoins price which if theres news then it would be high chances that it would really correlate with it and making movements basing on the news either it would be negative or positive ones.This is why some traders do make use of fundamentals and at the same time they do make up use of technical analysis.Having these two things will really make high chances on hitting up right orders and making good entries.

Of course news is the main thing which affects bitcoin's price (people are still very emotional). But also we have to mention that it depends on type of business. If someone posts his opinion on coindeks/cointelegrapha and says bitcoin dies or some silly billionare said bitcoin sucks, it won't affect price but news like china decided to ban bitcoin, exchangers are growing fees or etc similar can affect price a lot.
Also actions like blocking withdrawals for a while from top exchanger(s) or manually changing price of coins on famouse site like coinmarketcup did affects price a lot. (I wrote this additionally).

It's only bad news that affects the price and it's usually instant and even more usually turns out to be distorted factoids anyway.

I can barely think of one single instance of one piece of good news that boosted the price. The closest I can think is when the US senate made positive noises in 2013 and the price went up hugely in seconds, but it was primed to explode anyway.

If there's a strong trend in place it'll be immune to news. 2014 was exploding with good news. That didn't stop the rot.

Seconded which i do have the same observation towards those news either negative or positive but most of the times negative news do really make impacts so fast. Even the news is just heading for few days but the price do already reacts until the day has come which isnt like on positive ones where it do make price movement upwards on gradual basis which i do rarely see on sharp spikes.

Good news is usually fairly abstract and something to be tucked away for the future.

Bad news usually sits on your face immediately and farts all over it. And it doesn't help that global media really, really, really still wants to find as much bad news as possible and give it some extra oomph too.

And it often turns out that the bad news is a lie or misinterpretation, but they're not going to bother correcting that.

Of course, everything that happens any movements in the price is related to some news or event that is concerning the market, i mean people could say all they want about how cryptocurrency can be unpredictable, but any good or bad news does affect how investors and users look at it, for example if a government bans bitcoin a large number of users from that country will stop using and this will affect the price.

Yes people like to express their feelings and mind about Bitcoin, so when it is up we will see so many people say Bitcoin is the future but when it's drop people will say Bitcoin is dead, and the news give a lot of effect, when most people are optimistic there will be more people influenced by the news and invest in Bitcoin, so news got a huge impact

There is certainly deep relationship between positive/negative news and the price of cryptocurrency. When there is a positive news about any coin then the price suddenly jumps and it reaches to moon within a few days. Similarly, when there is a negative news about any coin then the price suddenly crashes within a few days.

of course that is a natural thing, because everyone is sure no one wants to lose money, that is why all the crypto news is very sensitive for investors and traders. fortunately there is currently good news so the price began to improve

If you will put your attention to them then you will never learn anything but if you will focus on the trust you have for bitcoin then no one stop your way, always do remember that bitcoin use to increase and decease but you will have to wait and don’t sell your bitcoin, market rises again after falling but our faith and our trust matters a lot, we should build our trust about bitcoin, falling and moving makes us strong so don’t get stressed if the price is low just wait for it to increase more and more.

Most of the trades that I do rely on the news that are surrounding to us. There is china in crypto and later there is no china in the crypto, that makes huge difference when published in the news channels. Believe last year we literally dropped to 3K USD from the 5 K USD and that was big drop at that time. It just popular example thats why I gave it here. Anyway I do believe that there are always many more news that are bad about the crypto coming every other night and thus shakes the crypto little down than the previous one. If you observe clearly then you will find that the effect disappears as the news disappears later on.

if bitcoin is the issue The bad news is that the price drop is low .. you're not going to Cash Out because it's low, but when it's low it's a lot to invest because they're taking advantage of the year. the good news is that the price is great for cash in. thanks ..

Yes. The price of cryptocurrency has a direct relationship with good and bad news about it. The good news will increase the price of the currency as more people will start buying it. In the other hand, bad news will decrease the price of currency as more people will start selling it. This relationship was evident from the recent fall in price of Bitcoin because of the negative attitude of governments towards it.

Yes the good and bad news has to do a lot with the reputation and prices of Bitcoin and even everything in the market. Bad news ruins your reputation in the market and the demand simply falls. A fall in demand is nothing but a fall in the price of that good. Good news on the other hand promises to increase the demand. If we look at the history of Bitcoin, it flourished in Europe only because the market was full of hot words of earning easy money with the technology.

It always comes with emotional state and personal agendas, we can't control peoples feeling towards the happenings with the specific coins, negative news and intentional misleading contents triggers this kind of people to lose faith to their investments that somewhat feels that they want to get out of the current situation and the only thing they know is to cash out, accept it or not mainstream have some impact to the community mostly it triggers those newbies and weak handed, personal agenda comes in as the fudders likes to mold the price of their liking, sad for them more and more people learns from this kind of tricks.

Thats great to be heard that good news relationship to the price
because it does mean that the relationship between the prices is getting better and okay in the market or public and the value of it makes everyone investors profitable that they want too.

Not only Crypto, anything is effected by news. There are thousand news a day, so I think we need to identify what is trustworthy. The problem here is not the news, it is the evaluation capability of ourself.

Everything is possible in crypto there are many news come everyday when price is high this is good news for all crypto users but when price is down that is bad news for all

Since there is a great prediction by many investors that bitcoin will increase in value and since nearly half of the market of cryptocurrency is dominated by it that means that the market will increase in price simultaneously over the next few days

For the the past few days you could see that the value of bitcoin is fluctuating at the same price and that means that as the bitcoin price has reached the lowest point in the Elliott wave it is about to go up so that means the dry spell is at its end

Yes I think news affect the price of crypto currency indirectly because when many bad news about crypto it make people worried about the future of crypto and they afraid to lose their money and finally it make they sell their coins. When many people sell it's mean supply of crypto is bigger than demand and it make the price decrease.

Well this is certainly happen everytime and sometimes we anticipated this that when good news occur it will affect the movement of the market. Thus, this so called good news and either bad news is just also manipulation of big whales when they want to buy at dip and will just spread fears and uncertainties. Either way we're waiting some big news to come to start a bull trend.

I really believe on the media influence about what was happening on the environment. As the news is good people will surely believe on this and trust about what was really media was saying as it is very influential and people didn't realize media was making only a spicy news for them to believe. Media maybe is one of the factors why BTC dropping its price.