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
We can measure it by the way knowing how many bitcoin users who have been affected by the news, if their number dominates the market, of course the effect can shift the price of bitcoin.
In my opinion, it is still the quality of news that really affects the Bitcoin price, fake news spread by fudders will not affect the pricing, the question is what is the news? where it came from? Is it real? Most news affecting Bitcoin price are those news came from the government, those news that really made against the Bitcoin like banning from a certain country, declaring it as illegal and the likes of them.
For those who already have experience, of course they will think like what you say. Perhaps, only people like you who are strong standing when the FUD hit the market. But in reality, FUD often makes panic for bitcoin users, especially beginners who don't understand the risks.