The Good News And The Chart

[xfaqs01]

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna  share.

[1715222551]

1715222551

[RocketSingh]

Bitcoin is a game of strong hands. When weak hands will lose all their hope and sell all, the bull will wake up.

[batang_bitcoin]

Not only for last month but this is the recent good news.

Cryptocurrency start-up Coinbase valued at $8 billion despite bitcoin’s plunge
Coinbase Wants To Use Its Huge New Funding To Fix Bitcoin's Problems
Coinbase Raises $300 Million in New Funding Round to ‘Accelerate’ Cryptocurrency Adoption

[demenBTC]

everyone's opinion has a very confusing difference, good and bad news often appears in many media, I just think that bitcoin will look real in the coming 2020, currently only waiting for the end of 2018 and what will be seen later this year

[131tc01n]

maybe the good news about bitcoin is many a few months but if it is not supported by a pump by investors then it is useless, in fact investors are still afraid to take losses and this causes prices to be stuck and there is no increase. We have to pump bitcoin together and keep on trading bitcoin

[pooya87]

the only thing that charts show is the fact that bitcoin reached its bottom a very long time ago early in 2018 and has been above that bottom ever since. and for the past months price has been fluctuating with less volatility inside a $1000 range which has not changed and this is the "good news" you are looking for indicating a strong buy support, an accumulation and a rise on the way.

[xfaqs01]

Bitcoin is a game of strong hands. When weak hands will lose all their hope and sell all, the bull will wake up.

yea i came to think of that also, its when if the frequency algorithm trader machine detects a weak hands dumping their coins then thats the time the whales will buy it all and pump the price up high and all we left is nothing but dust.

[3kpk3]

There is nothing major which is the primary reason why Bitcoin has not taken off. The SEC delaying the proposal decision did not help the cryptocurrency market and everyone knows that if approved, it could have triggered a huge rally helping the entire market wake up. I wonder if the SEC will continue delaying it even further in 2019 or outright reject it later on. Whatever happens, it will surely have a big impact on this extremely volatile market next year.

[Pursuer]

good news for bitcoin has never been a new thing. from early days there has only been good news for bitcoin. the rest were mostly FUD otherwise we don't have any kind of "bad news" per se. and price is not moving based on news. it is till moving based on other factors. for instance we are in a recovery phase right now and although good news can speed it up but it can't change it into another trend.

news is always more like a catalyst instead of being the fuel itself!

[jseverson]

What news? Tame developments haven't really had any effect on the market recently. The last time I saw news move the market were news saying that a Bicoin ETF was very likely. As soon as it was proven wrong, gains were pretty much instantly reversed and no amount of succeeding hype was able to replicate it.

I don't think the price chart represents the opposite of good news. I mean, it's $200. Bitcoin can and has moved much more in a single day. I'd chalk it up to normal market fluctuations.

Not only for last month but this is the recent good news.

Cryptocurrency start-up Coinbase valued at $8 billion despite bitcoin’s plunge
Coinbase Wants To Use Its Huge New Funding To Fix Bitcoin's Problems
Coinbase Raises $300 Million in New Funding Round to ‘Accelerate’ Cryptocurrency Adoption

Seems like Coinbase has had it good recently. I don't think any news centered around them can really move the market though, unless it has something to do with a hacking.

[Woolles890]

Good news does have influence and this gives a smile to those who are waiting for the good news. To see the current market for good news may not necessarily increase the value at market prices, so it does not guarantee repairs.
The graph that shows this decline is definitely only a moment or as a signal to be able to increase again.

[blocklancer8]

in my opinion, maybe that is because many people are still hesitant to invest again and hold back what they have now. Hoping that at the end of this year there will be a big increase in the value of bitcoin.

[aoluain]

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna  share.

You are saying the charts indicate the opposite, i disagree. The charts are quite healthy
hovering around the $6500 mark. If it was "opposite" they would be falling. Whatever
good news comes out it only helps bitcoin stay at its current market state.

You have to realise bitcoin wont and cannot constantly rise, it is not healthy nor sustainable
It would be definitely a bubble.

[coinwizard_]

The charts indicate a long term trend upwards but there is no exact date to follow. If you believe the charts then hodl those coins for the next few years, unless you are an experienced day trader

[Wong Kalong]

This is crypto travel which provides an extraordinary tension, where graphics and values stabilize and slow movements make the bitcoin holder feel comfortable holding the coin. Slowly there will be an unexpected breakthrough so that bitcoin has added value.

[xfaqs01]

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna  share.

You are saying the charts indicate the opposite, i disagree. The charts are quite healthy
hovering around the $6500 mark. If it was "opposite" they would be falling. Whatever
good news comes out it only helps bitcoin stay at its current market state.

You have to realise bitcoin wont and cannot constantly rise, it is not healthy nor sustainable
It would be definitely a bubble.

my poiny is that the technical analusis indicators on the chart does not conform with the fundamental trend of good news, i mean ahm check the 100 and 200 moving average its very bearish ots pointing dowwn though it holds a strong support and the desceding triangle pattern is about to break downward, yet i always read good news about bitcoin and cryptos in general, its a lil bit confusing.

[Crypto Girl]

The sad part of it is even we have tons of these good news but the whales didn't want to move it then it will be useless.
Whether we like it or not, our fortune depends on the whales and by just following them we can be assure, sooner ( hopefully ) we can have a decent earning. Otherwise know on when to take profit.

[talkbitcoin]

it is only a matter of time before the breakout happens.
right now the whale accumulators are not yet satisfied with their bags that they are filling with bitcoin so the price can not go up. we either need them to be satisfied or we need the total aggregated upward forces to start the rise.

[dothebeats]

It has been like that since the start of 2017. Bitcoin's price isn't easily affected by news anymore. Notice that even with the wave of rejected ETF news, the price didn't bother to move from where it was. Also, there are cases in which the price reached $8000 and $7000 out of nowhere, without any news that could trigger a massive push of that magnitude. This, I think is just normal considering that the bitcoin market is slowly getting matured and slowly gaining attention from even the institutional investors. The traders in the said market is diluted and their views are not easily changed by news and I think that's lovely.

[charlotte04]

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna  share.

It is obviously because you people are expecting it to happen. And do you think manipulators really want that to happen? Of course, not! They want you to get out of the market before they try to pump it out for the next rally.