Bitcoin Forum

Whenever Bitcoin starts to go up, something bad happens and the news starts to come in, and this has been happening since 2019, especially after the halving when the price started to go up.

Am I the only one feeling this or are you guys noticing along with me? ??? ???

This is inevitable when the price goes up. Just as the stock market reacts to good and bad world news or even just US news, cryptocurrency reacts similarly. The large ones at least.

Just ignore it and move on. Bitcoin can only have so many consecutive green candles, and in retrospect, red candles as well.

I think it's just a case of selective focus. Because you care about Bitcoin too much, your mind selectively forgets the times when Bitcoin is pumping and there's nothing bad happening directly. On top of that, I don't think there's a deep connection between Bitcoin pumping and sensitive issues around the world, like war. Sorry if I miss what you're trying to say, because your post makes it sound like we can use Bitcoin candles to predict whether we'll see a worse situation occur shortly after that.

Bitcoin still correlates more with tech stocks than with gold. Good and bad news always impact markets, and while Bitcoin should behave like gold a safe haven  that’s not what we’re seeing.

This only shows how early we still are, and how the market doesn’t yet understand that Bitcoin is superior money compared to gold.

Gold is considered a traditional safe haven. Whenever there’s major instability  wars, financial system failures people run to gold for safety. Most people still don’t really understand what Bitcoin is.
Mainstream media even keeps pushing the narrative that it’s just a risky asset.

In reality, Bitcoin is something completely different it’s not a tech stock, and it’s not just another speculative investment. It’s fundamentally new and superior money. But until the wider market understands this, it will continue to be misunderstood and mispriced.

Firstly, bad things happen all the time in the world. Just like how bitcoin goes through cycles, the world does too so not everything is made to manipulate the price of bitcoin but I would not be surprised if some were made to be. Like with Trump. He says good things about bitcoin and expects it to rise up but since there is no real actions being made, it is almost moot. Nothing much happens. Bitcoin has a strong enough of a community to keep it afloat despite external factors.

Nope, because many thing happened in this world.

Example, do you think today is just "Saturday"? nope, today are International Yoga Day, National Selfie Day, Summer Solstice, and World Day of Music (https://nationaltoday.com/).

Bad news always cover good news because most people want to see other people are unluckier or having bad life. Just like the way how there are many news where companies firing their employment, but we didn't heard many news where the demand of green jobs, AI jobs, engineers etc.

Everyone notices that but even in the other markets, there are situations like this and they cannot control it. The same for us and Bitcoin, the world events can't be controlled by us.

And that's why the market just move along with it and so as Bitcoin does. These global actions that we see are normal and what we can just hope for is BTC to continue moving the positive way.

Because despite that with all of these global movements, BTC has remained stable and untouchable by it although some slips and corrections come but they're normal.

Its just many people always corelate what happen in the world and think about that there would be a dump will came if there's something crisis happening in the world. If people would just chill out and think about that Bitcoin will not affected on those event there's good chance that this situation will not gonna happen.

But people choose to ride on fear then think about that dump would came after certain situations exist.

But Bitcoin remain strong and for sure that Bitcoin could get away on the stress brought up by recent bad situation happen on some countries.

Just to put the record straight, price didn't start going up because of the halving(though when it happens it has that effect which isn't immediate), it started going up when demand started to grow, when crypto users started to buy Bitcoin which has been pushed upwards whenever this happened.

As of the bad things,, am assuming you talking about the war ...if it is ,is this not just some coincidence...unless you are also saying Bitcoin is causing the war !!

Nope we not on the same page

Some of us have long since learned that correlation does not imply causation. Those supposed patterns you assemble in your head have nothing to do with real phenomena. I guess you don't know the famous example of people drowning in swimming pools supposedly depending on when Nicolas Cage appeared in movies.

Nick Cage Movies Vs. Drownings, and More Strange (but Spurious) Correlations (https://www.nationalgeographic.com/science/article/nick-cage-movies-vs-drownings-and-more-strange-but-spurious-correlations)

It is just a coincidence.  Bitcoin has nothing to do with these "bad things".  Israel - Iran war is decided by its leader and not by Bitcoin enthusiast.  Even the war in the previous years is initiated by the leaders of those nations and Bitcoin has nothing to do with them.


Every day there are always good and bad things that happen in the world like war, natural disasters and so on.  The things is that probably people who are affected by these "bad events" wanted to preserve their wealth value so they turned to buying Bitcoin as a store of value since Bitcoin has a record of preserving or even increasing the value of their holdings over the years.

I think instead of being suspicious of Bitcoin we should be thankful that there is this Bitcoin to preserve the value of our wealth.

Almost everyone sees and feels this except for those who don't have Bitcoin or those who don't like Bitcoin, because if we examine it fundamentally, of course a price drop after an increase is normal. But I also can't understand why most of the price drops are always accompanied by bad news that some people even think that the bad news is what causes the price of Bitcoin to drop in the market. In fact, Bitcoin can also experience a price drop without any bad news because the price drop is basically due to the level of selling being more than buying.

While price manipulation is real on bitcoin, it is not right to say that everything that happens in the real world has something to do with bitcoin's price and movement.

People always like to correlate things and events whether it's good or bad even if there is no evidence that they are really connected. It's normal for bitcoin to go up and down.

Does the constant repetition of the same thing make us skeptical of everything that has been set up from the beginning? True or not, every event will always affect everything, be it bitcoin or the price of oil, gas, etc., phenomena also affect prices.

People forget that it's the nature of bitcoin for the price to fall and rise irrespective of whatever news or event taking place. One thing that I have observed from bitcoin investors is that whatever happens to bitcoin price, they look for what to put the blame on. I know that some political factors can affect the market temporarily just like what Trump did recently. For the war in the Middle East, I don't think it has anything to do with bitcoin price because, I don't see it as what we should worry about. Every dip is for bitcoin price to pump higher and create a new ATH.

I totally disagree with you. We only have that insight that investors are obliged to diversify their funds and physical assets to Bitcoin to be off from disastrous effects during crisis attack.
Could either be natural disasters such as flood and hurricane or global wars which all have potentials to cripple the economy in the meantime.

During COVID-19 Bitcoin price crashed over 50% before it rebounded and skyrocketed by the end of 2020 breaking 2021. So if bad or critical situations plays positive role to Bitcoin like that, it would not had experienced such crash.
The Ukraine and Russia war has even contributed to the low liquidation in terms of political crisis otherwise we would had catch up higher liquidation that contributed to the surge.

Now is Israel and Iran which I have not seen positive influence in the market yet. Since the month of June Bitcoin has been experiencing resistance level at $106K and price declines at $100K. And since then it has been hovering within $103K and $106K.

So coming across your thread got me to check on the coin market price to see the significant changes not still the market is just an approach to peak $104K which has not even been able to breakout from the resistance level.
So no impressive liquidation yet.

I don't think there is a particular time in which bad and the good don't happen, this is a matter of how it was being interpretated and the economy reaction towards it, as we so have it, bitcoin network has been depending over the years sole on it market supply and demand, in which its market price or value is been determined, it is something that happened or controls the way the bitcoin market goes up and down, which we have to look into the more, there may be coincidence, but not all the times the market pumps then something bad or tragic happens.

Not only you buddy, everyone who is an investor or retail also feels the same way, the phenomenon that occurs every time the price of Bitcoin rises and then suddenly bad news appears, everyone starts to panic until it finally has an impact on the market, causing the price to drop significantly. This is a pattern that will continue to occur repeatedly, one that we often see when many large institutions take advantage of this moment to fill their pockets, create FUD so that they can manipulate prices, the goal is that they can buy at lower prices, then they themselves will defuse the bad news by bringing up good news that has a positive impact on the market to profit by selling at higher prices. So, it is important to have a purchase goal from the beginning, whether you are just short-term trading or investing with a long-term goal, both have different risks, i personally recommend buying for the long term, your life will be calmer and you should use the DCA method for purchases and use discretionary income.

Its part of the sequence I guess. Media usually made some news or easily cover some potential negative news to pull back the price by scaring some investors or retailers. But ofcourse some news are natural like the war which totall affects the potential market movement. Its always like that even covid situation before.

Can you give a few examples, what happened in 2019 and its effect on Bitcoin, it seems interesting to find out, maybe I forgot in that phenomenon.

How can I think so, I don't think of it, I think it's just a coincidence that the world is chaotic and influence on Bitcoin.

This world chaos occurred before Bitcoin was created, ll world war was even more awesome and other conflicts or the world economic crisis, I thought there was no connection with Bitcoin with the current state of the world that was burning.

If you focus on the 'bad things' then you can build any correlation with any asset and any coin. Loads of good things also happened during the same period. And after 2019? Do you remember the big banking fails and the crash of big exchanges? Google it. Did BTC price go up before those bad things? Nope.

Traders see what they want, I guess :) DCA gets you over that :)

Of course, everyone can clearly see it even without being told, but has it stopped Bitcoin from hitting $100K?, no it hasn't. I understand that it is a very common thing for people to forget the good days, probably because of us tough the bad days can be, but this current day and price doesn't look like a bad day to me. I strongly believe that if this war was to happen before now, i.e before this state that we are in, Bitcoin would have reacted to it far worse than what we see. But it seems investors aren't falling for those FUD this time.

It is Bitcoin, and it has some volatility. We look forward to having good days, but bad days are inevitable.

All through it all, Bitcoin have always triumph.

I still don't understand why people don't look at the past, the examples are in the histories, while Bitcoin price is going up some bad news always come but it still won't stop it from reaching a new all time high.

Everybody is also pretending as if there were never bad times in the past too where Bitcoin range in the lows for months, people forget this too soon compare to when Bitcoin is making a new all time high.

I guess the good times is sweeter than the bad times but honestly the bad times is where the best moves are made.

I often hear things like this where people associate Bitcoin with things that have happened or even things that have not happened, it seems paranoid I think. In fact, we don't need such things, what we need to do is hold and increasing to our Bitcoin. If you have noticed that since 2019, you should know what you are doing, because no matter what happens in the past, Bitcoin will continue to show its greatness through any events or news that may have an impact on it, and you can see how Bitcoin has been since 2019, right? Is Bitcoin experiencing a decline in value at this time? The answer is No. So, whatever happens, make the most of the moment.

Lolz if you know bitcoin you will understand the capacity it has to beat the news when it's time to move up, of course bitcoin react to the news just like every other asset even though bitcoin is also money but now more of an asset but however you will have to ignore the temporary reactions and see it for the future it holds it you think of it for the moment you will definitely get worried and disappointed but if you look at it for a long term purpose you will ignore this crisis affecting it.

Since 2019, huh?!
Yet, we have reached another ATH with a higher price of over $110k.
If you pay attention to all the bad news, you’ll notice plenty of it, but if you don’t focus on it, you’ll see there’s also a lot of good news that drives the Bitcoin price up.

It’s natural for Bitcoin to undergo a correction right after a surge, especially with the bad news, but I believe not only Bitcoin will experience this, but stocks and gold will do the same.  So nothing special.

I don’t see it that way mate. What I often see is that, when bitcoin price goes up, good things eventually follow. Not just for those potential altcoins, but even for other assets in the market. I guess what you are pointing is that, bitcoin has certainly its own dump moments wherein negative news also come rushing in.

Bitcoin is bitcoin, it will definitely go up surging high even with negative news happening in the market. But if that certain time is not yet the perfect time for bitcoin to skyrocket, then it will definitely stay on its position, while waiting for the right time to come.

I think OP might have exaggerated the whole scenario of bad things actually happening when the market is pumping, some of these things are nature related and cannot be explained, I have also caught one or two cases where bitcoin and the entire cryptocurrency market might be having a good run then things like wars, economical crisis or even exchange hacks happening but the right question is have this hindered the growth of bitcoin I will say they haven’t.

Bitcoin is a currency or asset that is definitely not totally free from news surrounding the global economy. I disagree that bitcoin goes up even when there is negative news, bitcoin is usually about supply and demand and this two can shift when the market gets positive or bad news. During negative periods like wars the market sentiment changes as people move to sell off some of their holdings due to panic. But one thing certain is after this kind of situation there is no asset which bounces back as bitcoin which set it apart from other assets

Among the reasons why bitcoin price keeps fluctuating all the time is world chaos. Russia Ukraine war affects bitcoin - Israel Iran war affects bitcon, even natural disasters and pandemics also affect the bitcoin market. So the simple conclusion - price volatility is always influenced by factor x either directly or indirectly, politics, economy, and various other issues included in it.

War can affect investors' decisions in making their investment choices. Many of them choose to exit to secure assets from high volatility - some may accumulate and when the sale really increases then the price will fall. Look at how the Iran vs Israel war - watch the bitcoin price movement if you believe the price is not affected.

But you need to know one thing, no matter what bad things happen like war, inflation, crisis, pandemic...the price of bitcoin still increases steadily every year.

You said you have been following this since 2019, didn't you see Bitcoin price go from $4k to $112k? Bitcoin is still becoming more and more popular, the price is still increasing steadily every year...Isn't that enough?

Also, our world has never been stable, it has always been unstable because of the greed and selfishness of politicians or even us. Why should we be surprised by such things when they are an integral part of the world?

Something bad happens will not always affect to Bitcoin price. Well, maybe its temporary affect but Bitcoin will change the direction and back to the right. It is the nature of Bitcoin so you don't have to worry and focus with your investment plan.

There is nothing to worry with the current situation and just enjoy the ride. Sooner or later, Bitcoin will to go up and even if there is a bad situation with the economic, Bitcoin will survive and give a surprise to us.

You just need to think on yourself and focus with Bitcoin investment will be the best thing you can do. The bad situation can happen many times so there is no need to worry.

I honestly think of this as just conspiracy theory, nothing more.

When BTC goes up maybe you're putting more attention to the news and unconsciously relating it to BTC price somehow while in reality bad news comes out everyday.

People seems to expect bitcoin to only keep growing with no room to breathe. I do not know how much it has been emphasized that bitcoin is volatile and that is fine. It has always been and it will continue to be so don’t expect it to move in only one direction.
Agreed. Bad times is where opportunity presents itself.

This makes me feel like Bitcoin is the cause of global disasters. :D
All joking aside, I've noticed this for a while, but disasters happen all the time. Coincidence is when these bad events coincide with rising Bitcoin prices, leading to a price drop.

Everyone is affected, not just Bitcoin. Unfortunately, we live in a world full of catastrophes and bloody events, and it's hard to go a short time without hearing some bad news. So we assume this has something to do with the rising price of Bitcoin, but in reality, there is no connection. It's just a coincidence.

I said, NO. Everything that happens may not be a coincidence. We just imagine that everything that happens around us is not made by someone. Perhaps it is inevitable.

Don't think that far because even if there is war or any economic crisis, the price of Bitcoin goes up and down. The volatility has existed since the start, and we can never expect this to change. All you need to do is keep trusting and enjoy the up-and-down situation of the market because there is an absolute earning opportunity with this.

The good and the bad news happens at their own stance. Can't be foreseen by anyone at the time it would be. There's no way we would conclude that all the bad news we received in the world is because Bitcoin is at the increase that's why it is happening.

Let's take it this way that  what you said is the truth, if we are in the bear market don't you think we shouldn't in anywhere receive any bad news happening in the world because Bitcoin is at its downtrend. Nevertheless, the good and bad news all happens during the bearish market, Bitcoin reacts to those moments, positively or negatively.