Bitcoin Going Up - Good News Apper

[AjithBtc]

Guys, have you noticed that everytime the market goes down, the internet is filled with bad news and apocalyptic news about crypto. But when the coins are rising, only good news are seen?
We must learn to not pay attention to this kind of manipulation

We were waiting for this awesome news for so long! I just hope that the market will go on staying stable and do not start falling deep. We need getting our profits, don’t we?

At some point people make the news against cryptocurrency go much viral and that too in the form of FUD. Very few have got the mind to accept the fact that growth is something promised with bitcoin during the time of steep downfall in value. Now the good news is growing with resistance standing above $8000, which will move forward with minor fluctuations.

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[marsmyname]

It's really a very good day. All the currencies have gone up by a large percentage. I think it's satisfactory for everyone who read my letter before and bought yesterday. I have a chance to make a profit, but my advice is to keep what I bought because this rise is nothing compared to the decline that happened.

This is really happy moment for all who have stored bitcoins in their wallets. And especially those have bought bitcoins in last month or prior when bitcoins were roaming around $20k. Those people have invested a big amount on that time but unfortunately bitcoins were started to de-track from success line. But whatever happens, now happy moment for all, cheers to the sellers.

[LastJedi]

It is going up now having almost made $700 gains over a 24 hour time frame.
So something has had to happen recently for this up swing in the price all the sudden.

It is a welcomed change I must say to all the negative things happening in the recent weeks causing the slide down by $6,000 within a course of a week alone.

[edhp]

i think a lot are already positioning themselves ahead of the chinese new year. next week should be exciting not only for crypto but in other markets as well. more money is expected to come in

[skorupi17]

Guys, have you noticed that everytime the market goes down, the internet is filled with bad news and apocalyptic news about crypto. But when the coins are rising, only good news are seen?
We must learn to not pay attention to this kind of manipulation

The scenario is very much obvious. Bad news triggers fears to the community. And if there are fears and uncertainties, many tend to play safe. So in order for them to lessen their losses, they sell some of their "crypto-asset". This results to slight decline. So the fear and uncertainty of others build up because of the decline, that's why they follow the selling. The chain goes on.

The same way for good news and rising prices. People tends to be more optimistic when they see good news so they buy more.

[PalindromemordnilaP]

There are lot of factors to be considered as far as bitcoin's market price is concerned. We'll just wait and see how bitcoin will bounce back from being down around 6K USD and it's good to see it hits 9K USD mark once again.

[richardsNY]

i think a lot are already positioning themselves ahead of the chinese new year. next week should be exciting not only for crypto but in other markets as well. more money is expected to come in

More money is coming in on a constant basis. If the price is going down, people like to point at bad news being the reason for that. If the price is going up, people point at this or that event to be the reason. It's not that we have gone up a lot justifying a high level of excitement -- we just broke through the $9k resistance level today, and that's it. Let's just wait and see what the market is up to in the coming days, and start talking about different scenarios after that. As long as we haven't yet managed to break through the $10k level, there is not a single bit of optimism from my side. In other words, remaining conservative for now is more of a fitting stance in current market.

[BettingTips]

Currently, after a week since you created the post, the cryptocurrencies market has recovered quickly, there are many positive signals at this time causing the exchange rate to increase. March is expected to be a good month for the cryptocurrencies after the Chinese New Year ends )

[timerland]

Guys, have you noticed that everytime the market goes down, the internet is filled with bad news and apocalyptic news about crypto. But when the coins are rising, only good news are seen?
We must learn to not pay attention to this kind of manipulation

It's so underrated yet so true.

The cycle feeds itself, essentially. When BTC is going down, people FUD all the time. The news sources somehow start covering everything negative about bitcoin and every problem that bitcoin has, instead of focusing on the big picture.

When BTC goes up, just like now, BTC seems like a ridiculously cheap investment opportunity again.

I have no idea what is causing this, it could be manipulation, but please, don't let government intervention news affect your trading in any way.

At the end of the day, bitcoin is decentralized and has nothing to do with the government. People aren't going to stop trading or using bitcoin just because the government said so, just look at China. Still a huge market, even today.

[vhiancs]

Guys, have you noticed that everytime the market goes down, the internet is filled with bad news and apocalyptic news about crypto. But when the coins are rising, only good news are seen?
We must learn to not pay attention to this kind of manipulation

Yes it is true, I think the big holders also manipulate the bitcoin price,  if they want to earn a great deal they make a fake news or false news to drop the bitcoin price again then they can buy bitcoin at a cheap price and when their pockets are full they will create a way to pump the price of bitcoin currency to gain a big profit.

[batang_bitcoin]

Currently, after a week since you created the post, the cryptocurrencies market has recovered quickly,

This is why I like bitcoin because when it comes to its price movement, its very quick in recovery.

there are many positive signals at this time causing the exchange rate to increase.

Bitcoin alone is getting good interest in the crowd and despite of those FUD's and ban thing that circulated through the crypto news websites, bitcoin is still the best crypto choice.

[andrei56]

Guys, have you noticed that everytime the market goes down, the internet is filled with bad news and apocalyptic news about crypto. But when the coins are rising, only good news are seen?
We must learn to not pay attention to this kind of manipulation

It's so underrated yet so true.

The cycle feeds itself, essentially. When BTC is going down, people FUD all the time. The news sources somehow start covering everything negative about bitcoin and every problem that bitcoin has, instead of focusing on the big picture.

When BTC goes up, just like now, BTC seems like a ridiculously cheap investment opportunity again.

I have no idea what is causing this, it could be manipulation, but please, don't let government intervention news affect your trading in any way.

At the end of the day, bitcoin is decentralized and has nothing to do with the government. People aren't going to stop trading or using bitcoin just because the government said so, just look at China. Still a huge market, even today.

The best manipulation is the one exercised by ourselves, while there is not doubt there is manipulation in the markets the truth is that when the price goes down people cannot stop worrying since they have a lot of money invested in bitcoin this in turn creates FUD and when the opposite happens and the price goes up people are very positive about the future and this creates all those positive comments you see.

[timerland]

The best manipulation is the one exercised by ourselves, while there is not doubt there is manipulation in the markets the truth is that when the price goes down people cannot stop worrying since they have a lot of money invested in bitcoin this in turn creates FUD and when the opposite happens and the price goes up people are very positive about the future and this creates all those positive comments you see.

Long term holders don't really care that much about short term pricing. So they're definitely not the ones "FUDing" in this case.

What I .personally see is a flood of negative news coverage from major sources, such as bloomberg, cryptocurrency news sites, as well as a surge in the amount of negative/pessemistic posts in speculation that leads to other people panicking.

And miraculously, after bitcoin bottoms and price starts to climb back up again, all these regulations are not a worry anymore and bitcoin is clear for takeoff again. Just make sure that you are aware of these trends and don't get sucked into buying high and sellign low.