Bitcoin Bulls Looking to Make $4000 and Beyond the Bitcoin Norm

[The Sceptical Chymist]

See how these types of articles are so bad. It was just posted yesterday and now it's already irrelevant as the prices already shifted by a bit; not to mention that the article didn't even give any decent information. These kinds of articles are pretty much like a glorified Coinmarketcap. Just pricecharts converted and unnecessarily lengthened into a few paragraphs.

My thoughts exactly, and that's why I don't watch or listen to the only news I find interesting anymore--financial news.  These news outlets like CNBC and Bloomberg try to make a big deal out of what are basically random fluctuations in the stock market, and articles like the one OP referenced are the same thing, only with bitcoin.

Now don't get me wrong, I'm quite happy bitcoin is pushing $4000 at present (it's $3966 on preev as I write this).  It's just not news, nor do I think any good reason can be ascribed to the gain in price.  Nor is $4000 anything spectacular, because that level is far below what we saw in 2017 and we've been stuck in a pretty tight range for many months now.  But I guess these media sources have to stay in business, right?  Their job is to write, so they're always going to find something to write about, even if it's not significant.

[hugeblack]

but it is not like they have "full control" over the market! the market has grown enough for them to not be able to do it anymore. and the more they push the market in the opposite direction the harder it is going to get as the rest of the market resists.

Big whales do not have control, but heavy dependence on stablecoins is what makes this price stability.
In the past, you had to withdraw your deposit once the price was higher making the volatility more extreme. Apart from the manipulation on 15 November, the price was very stable.
Now with the armies of the existing bots I think they have a lot of control.

[mk4]

But I guess these media sources have to stay in business, right?  Their job is to write, so they're always going to find something to write about, even if it's not significant.

That's definitely the case. But for god's sake though, there are so much things that matter more to write about rather than these pointless price articles. These lesser-known crypto blogs are the worst.

[snipie]

But I guess these media sources have to stay in business, right?  Their job is to write, so they're always going to find something to write about, even if it's not significant.

That's definitely the case. But for god's sake though, there are so much things that matter more to write about rather than these pointless price articles. These lesser-known crypto blogs are the worst.

Some people or lobbies exactly have only one job which is repeat the same thing over and over, in addition to impose their point of view. These blogs are not very different, some of them keep saying bitcoin will rise to the moon while others are less optimistic, another ones just do not have anything to report so the easiest thing is to talk about the price...

[mk4]

Some people or lobbies exactly have only one job which is repeat the same thing over and over, in addition to impose their point of view. These blogs are not very different, some of them keep saying bitcoin will rise to the moon while others are less optimistic, another ones just do not have anything to report so the easiest thing is to talk about the price...

True. The difference though, from this article compared to the other slightly better price articles, is that the ever-so-slightly better ones at least has some speculation in it, comparing price movements to probably certain events and announcements, that could somewhat make the article atleast very slightly more interesting. But anyway, whatever. These kinds of articles are mostly bad nonetheless. LOL

[sheenshane]

As of today, Bitcoin price is in 4k USD and the bulls succeeded to achieve their goal, even have small spikes at least it is continuously growing up. The article's content isn't something I would trust. The issue in their article is an irrelevance. You have to check the content and the information if it is well provided. There are a lot of wanna be writers out there who write an article without being an articulate person.

[South Park]

Nah. Even if we do break 4k, that doesn't necessarily mean a bull run is going to happen. We may be stuck again somewhere around that line for a longer time, who knows. I think let's just take it one step at a time. After we break and get a little steady beyond 4k, that's the time we think of what can happen beyond.

Correct, it seems that some people have the mistaken idea that if bitcoin passes some magical threshold then that will indicate a bull run but you just need to look at the markets to know that is no true, you will see that the markets do not move in a straight line they go up and down depending on many factors and that in many occasions we cannot really give a reason why the price moves the way it does, but that does not stop the media from trying to attribute some reason to those movements and as such we get articles like the one in the op.