Technical indicators vs the News

[Kara3]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

[mk4]

That's because technical indicators doesn't necessarily cause price increases/drops like how news does; technical indicators can just give you a very small advantageous  bump in odds on what could likely happen more based on past performance.

[gunhell16]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

In the news, because the market is often they can advertise the truth and false, that's the cycle of news. So sometimes you will find a variety of FUDs about Bitcoin and cryptocurrency.

Now, if we can count on technical indicators it will only be difficult if you do not know how to read it correctly, though sometimes or often it is not accurate so the situation becomes complicated as well.

[CarnagexD]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

That's simply because news affects the emotions of traders as to how they engage the market. Are they being greedy or fearful? if so, are they buying more or selling off their positions?
When there are a lot of involvement in the market, guess what? It causes volatility. The market moves in a way that orders are cluttered both buys and longs.
Manipulation then occurs taking one side of the market before going truly one direction higher or lower.

Instead of choosing between price analysis and news, Try doing incorporating the news and fundamental research with your price action analysis. This will set an expectation as to how you also will engage the market. The more confluence you have, the more confidence you have in your trade and analysis.  That's how you will grow as a trader. Creating your own convictions and practicing your decision-making processes.

[gabbie2010]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

It's obvious that fundamental news drives the market it's either a positive or negative news thus in most cases market defies any form of technical analysis whenever there is news at that moment for instance in forex trading it's always advisable to avoid trading 30 minutes before any Red news and continue 30 minutes after a news, it's also applicable in crypto trading too, therefore it's always important to get keep updated on fundamental news related to any trading pair particularly Bitcoin whose drop or pump in it price affect majority of crypto pairs in term of volatility, I took time to always read latest news related to crypto and forex with a view to analyze it impact on prices of the trading pairs.

[Coin_trader]

  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

Not all news is influential and the news you are describing is a fundamental analysis. The only time news influences the price if its seriously related on the fundamentals of coin like hack, acquisition and so on but not all news will give a necessary price action because most of them is just recycled or a minor changes on the project especially on crypto.

Let's use the Feds interest rate news as example. Regardless of what the news about the interest, BTC keep pumping even though it heavily affects the price before when this kind of news first release. People is already used to it so it doesn't gave much impact to all the traders to consider it on price analysis. Technical analysis is use for long term since news is not available most of the time. TA is more reliable of you want a better trade. Stop loss is being use to counter those sudden orice action due to the surprise news.

[Davidvictorson]

Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.

[tbct_mt2]

Both are better and are important. But a trader should pay more attention to the news than technical indicators. It should be in the ratio of 70 - 30. The news is important because it will avail you information of the latest sentiments in the market and how they positively or negatively impact the worth of Bitcoin. It acts as a future predictor and therefore more attention should be given to it.

I disagree with you.

News is like tip of iceberg but it is not the real reason. Real reason is because of technical indicators show that the market must have a big change so news is released to direct the market to what it should move. Do you see like after a market has its big movements, hours later you will see some articles on Coindesk, Cointelegraph and other sites to make it like there are reasons for the latest big movement. It is to make people think that the market is actually moving naturally. In fact it moves by manipulation from Market makers.

[SamReomo]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

In crypto market news plays a very important role. It's news that cause fear in minds of investors, and they start bulk selling to avoid losses which results into the crash of market. There are many investors who purely invest in crypto based on news, if the news media shows that a coin is going to pump then investors blindly follow that news and start investing millions of dollars into that coin. Once a coin is bought in high volumes then next game is automatically done by bots of exchanges by bulk selling.

But, we can not underestimate the importance of indicators as they are crucial in crypto trading. In Bitcoin trading indicators work and if the trading is done with a professional plan, a well developed strategy, then you can gain enough profits with the help of those indicators. The market is mostly controlled by whales who hold a lot coins, and if they start bulk selling then those indicators can save you.

[newdevices]

News is far more powerful than indicators, this is what I say because I have that experience, the example is very simple,
we know 2022-2023 can be said to be Bearish season, but look at the lots of altcoin pumps due to good news, or dumps due to bad news,
yeah even though the indicators look good, so don't expect too much from trading indicators, you also need to stay updated and monitor social media coins that you hold.

[palle11]

I will agree that news is considered more important for cryptocurrency investment or trading. Cryptocurrency doesn't obey the rules or technicalities of technical analysis. Technical analysis is basically tracing of charts which is more of forex trading and stock market analysis but the volatility of cryptocurrency is more of news striking the market. What technical analysis and indicators do to cryptocurrency market is trend formation as it relates to support and resistance, that though will change with news.

[Dalib]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

The trend of the crypto market can be influenced by a variety of factors, including technical indicators and news about a project. While technical indicators can provide valuable insights into market trends and price movements, news and events can also have a significant impact on the market.

For example, news about regulatory changes, partnerships, or new developments in a project can cause significant price movements in the market. Similarly, negative news or events can cause a drop in prices.

Both technical indicators and news are important factors to consider when analyzing the crypto market. It is important to have a well-rounded understanding of the market and to consider multiple factors when making investment decisions.

[bittraffic]

Even today when there is news about Markets in Crypto-Assets (MICA) in EU, the price plunges still.
There's no news you can rely on to bring the price up. The news coming from the developers, won't bring much influence on investors either.

People give more attention to the negative news on crypto but the TAs can spot a trend that is coming which is very much reliable information for investors.

[death69]

As a crypto enthusiast who's seen it all, let me tell you, deciphering this market's capricious dance isn't child's play. Technical indicators and news can be your trusty sidekicks, but there's no failsafe in this high-stakes realm.

That said, I'm inclined to concur that news can pack a heftier punch than those pesky technical indicators. Sometimes, a single headline can spark a seismic shift in sentiment, igniting a flurry of buy or sell orders.

However, let's not forget that news can be as erratic as a squirrel on espresso. Traders who lean solely on the news may find themselves blindsided by market mood swings or unforeseen plot twists.

[Yamifoud]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

And I am going to agree with that because people are too emotional when hearing the news and they interact with the market base on what they have read or heard in news. When compared to technical indicators, people are too skeptical of this and they are not even worried about what it showed there. Pretty too different in how they respond to the news. That is why traders are not just active in the market movements but also are following the current news especially when some influential person talks about the future of crypto.

[Edwardard]

I will agree that news is considered more important for cryptocurrency investment or trading.

Are you sure of that? I never saw a news which set a long term trend for bitcoin. Its just short term price swing on CPI and fomc meeting dates and the prices again start to follow their own path on the later day, regardless of the news.

Cryptocurrency doesn't obey the rules or technicalities of technical analysis.

If you think so, it means you haven't mastered the technicals yet. They do work, trust me.

[xSkylarx]

Indicators are lagging, meaning they are just predicting how the market behaves; it doesn't mean that the RSI is overbought; the market will then change its direction as the indicators tell it. News always has a big impact on the market, which is why you should always see the news before taking a trade because it is difficult to go against it, and mostly that is the time that those people who are not putting stop losses are losing their money.

[abel1337]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

Both fundamentals and technical analysis is helpful in predicting where would the price go. Both are useful but fundamentals can easily crush or help the technical analysis. There are instances that fundamentals aligns with the technical analysis. There are times that patters need a heavy push for it to materialize and sometimes FUDS or good news helps it. There are also instances that a big fud or fomo can affect the long awaited pattern by disrupting it with a heavy buying and selling pressure because of the news. I believe that both will be helpful to you depending on how you use it and how you see both type of analysis.

[TheUltraElite]

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?

News leads to movement in the market that changes the technical indicators. You can grossly say that news is the cause and the market movement is the effect which can be quantified by the technical indicators. But to be honest, you cant always rely on technical to start a trade, if you see a bullish trend setting in buy and hold before the indicators show the same, this comes from practice.

But there will be news that might never move the market, usually it is the case with the positive news while negative news grossly bring down the market.

[bettercrypto]

Most of the time the news is under the control of the government, so FUDs about cryptocurrency usually come from news platforms. Because the influence is strong of course it somehow pulls the movement of the market here in cryptocurrency.

        But that does not mean that it will fall forever, it seems that there is an effect on this industry at least what they are reporting.
But there are also other news that provide good updates for the crypto community to be honest.