Bitcoin Market Price in Respect of News

[wmaurik]

You may have to believe this with me that news has it own part in a little way that contributed to the market demand or supply and when there's a little shift in any, you should know the implications that there will be also change in the market price, what make the changes is the demand and supply within the bitcoin network but what alter or affect these demands and supplies are other micro factors like the incidence of breaking news, if you could remember the first launch of BlackRock spot bitcoin ETF made cause the bitcoin market to go dip, though things can happen coincidentally but the facts also remains that they have little way of adjusting the demand and supply.

I also don't see BlackRock's first launch of a spot bitcoin ETF as a coincidence with the drop in Bitcoin prices in the market. Likewise with other news which does have an influence on increasing prices because in general good news can always influence the level of demand and supply in the market. Because most people who often use the market to make profits will definitely take advantage of any moment as long as that moment can be very profitable after they read the news or see certain events that can have an influence on the price of crypto assets in the market.

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[348Judah]

You may have to believe this with me that news has it own part in a little way that contributed to the market demand or supply and when there's a little shift in any, you should know the implications that there will be also change in the market price, what make the changes is the demand and supply within the bitcoin network but what alter or affect these demands and supplies are other micro factors like the incidence of breaking news, if you could remember the first launch of BlackRock spot bitcoin ETF made cause the bitcoin market to go dip, though things can happen coincidentally but the facts also remains that they have little way of adjusting the demand and supply.

I also don't see BlackRock's first launch of a spot bitcoin ETF as a coincidence with the drop in Bitcoin prices in the market. Likewise with other news which does have an influence on increasing prices because in general good news can always influence the level of demand and supply in the market. Because most people who often use the market to make profits will definitely take advantage of any moment as long as that moment can be very profitable after they read the news or see certain events that can have an influence on the price of crypto assets in the market.

What is mostly common with people is whenever they see that the market pump or dump they try to attribute it to something else happening around the crypto news or the economy development either positively or negatively, we have to consider that the market depends on it supply rate to demand level and so on in making the adjustment to the market price over a period of time, people would have talked alot about the recent rise to $28,100 and how it suddenly plummet down to $25,900 we all know that there's much in anticipation over the market bull but it's may not take the same direction we expect it to go through, this are why the market is unpredictable sometimes.

[bitgolden]

I think news has always played an important role in determining the price movement of Bitcoin. Positive news about Bitcoin sometimes really contributes to the upswing in the market. News affects the price of Bitcoin, when we get good news about Bitcoin, investors are more interested in investing.  Mainly in bear market people try to hold bitcoins inspired by news media but if similar news had come out during bull market it would have had more impact than it is now. If you look at the current time it can be seen that there is a tendency to focus a lot on global news.  The popularity will increase day by day as Bitcoin is now one of the focus of the news media.

The interest of investors or new people who want to invest in Bitcoin after reading the news is still there. But for the increase that occurred since yesterday from $26K to $28K to make Bitcoin in the range of $27K as it is now, I don't think it was because of the news that was so excited, but this was based more on an increase in people willing to take the opportunity to buy Bitcoin before Bitcoin passed $30K again this year. So the drive from people still wanting to buy could also be the reason for the price increase in Bitcoin now.

There wasn't any good news that made it more likely for people to join in to be fair, I think it wasn't something like that at all. I understand that the increase made a lot of people happy, but it could also be considered as a fact that we are not seeing that much changes overall, it should not be considered as a good big profit, and it should be considered as a return that is a bit lower than expected because I wanted to see it grow even bigger.

We are up a bit now, and I bet that we are going to be up even more very soon, it happens like this, it goes up a bit first, people sell, and then goes up a lot more. I bet that 30k+ will happen during this run again, and it will be a great time, if not we will definitely see 29k+ soon.

[stomachgrowls]

You may have to believe this with me that news has it own part in a little way that contributed to the market demand or supply and when there's a little shift in any, you should know the implications that there will be also change in the market price, what make the changes is the demand and supply within the bitcoin network but what alter or affect these demands and supplies are other micro factors like the incidence of breaking news, if you could remember the first launch of BlackRock spot bitcoin ETF made cause the bitcoin market to go dip, though things can happen coincidentally but the facts also remains that they have little way of adjusting the demand and supply.

I also don't see BlackRock's first launch of a spot bitcoin ETF as a coincidence with the drop in Bitcoin prices in the market. Likewise with other news which does have an influence on increasing prices because in general good news can always influence the level of demand and supply in the market. Because most people who often use the market to make profits will definitely take advantage of any moment as long as that moment can be very profitable after they read the news or see certain events that can have an influence on the price of crypto assets in the market.

What is mostly common with people is whenever they see that the market pump or dump they try to attribute it to something else happening around the crypto news or the economy development either positively or negatively, we have to consider that the market depends on it supply rate to demand level and so on in making the adjustment to the market price over a period of time, people would have talked alot about the recent rise to $28,100 and how it suddenly plummet down to $25,900 we all know that there's much in anticipation over the market bull but it's may not take the same direction we expect it to go through, this are why the market is unpredictable sometimes.

A very normal reaction on which it would really be just that casual that you would really be having that kind of approach on whatever things that you would really be able to encounter specially if you have just recently seen

the price had dropped on the time that you do bought then it cant really be that avoided that you would really be finding some valid reason on what actually happens. We know that fundamentals doesnt work anytime and it would really be that depending on the entire market whether it would move or not.It does really vary and this is why some people are really that focusing too much when it comes to fundamentals but
mostly they would really be that going  or would be making use of technicals on which it would really be just depending or varying on a certain trader.

Whether the news could really be that negative or positive but it doesnt always reflect out or shows whether the price would be going up or down.
So whether you would be making out some combinations whether you would be going for technicals + fundamentals, then it would really be your choice.

[CarnagexD]

I think news has always played an important role in determining the price movement of Bitcoin. Positive news about Bitcoin sometimes really contributes to the upswing in the market. News affects the price of Bitcoin, when we get good news about Bitcoin, investors are more interested in investing.  Mainly in bear market people try to hold bitcoins inspired by news media but if similar news had come out during bull market it would have had more impact than it is now. If you look at the current time it can be seen that there is a tendency to focus a lot on global news.  The popularity will increase day by day as Bitcoin is now one of the focus of the news media.

The interest of investors or new people who want to invest in Bitcoin after reading the news is still there. But for the increase that occurred since yesterday from $26K to $28K to make Bitcoin in the range of $27K as it is now, I don't think it was because of the news that was so excited, but this was based more on an increase in people willing to take the opportunity to buy Bitcoin before Bitcoin passed $30K again this year. So the drive from people still wanting to buy could also be the reason for the price increase in Bitcoin now.

There wasn't any good news that made it more likely for people to join in to be fair, I think it wasn't something like that at all. I understand that the increase made a lot of people happy, but it could also be considered as a fact that we are not seeing that much changes overall, it should not be considered as a good big profit, and it should be considered as a return that is a bit lower than expected because I wanted to see it grow even bigger.

We are up a bit now, and I bet that we are going to be up even more very soon, it happens like this, it goes up a bit first, people sell, and then goes up a lot more. I bet that 30k+ will happen during this run again, and it will be a great time, if not we will definitely see 29k+ soon.

Well of course, news can be a factor to drive price to trade higher or lower.  While the recent increase might not have met some people's expectations for larger gains, it's essential to remember that crypto markets often follow a pattern of gradual increases followed by more significant jumps. This could be a part of a larger trend leading to more substantial profits down the line.

In the world of cryptocurrencies, surprises are common, and substantial gains can happen when least expected. So, it's wise to stay informed, diversify your investments, and have a clear strategy in place. So that when right opportunity comes, you're ready to risk your funds.

[wmaurik]

What is mostly common with people is whenever they see that the market pump or dump they try to attribute it to something else happening around the crypto news or the economy development either positively or negatively, we have to consider that the market depends on it supply rate to demand level and so on in making the adjustment to the market price over a period of time, people would have talked alot about the recent rise to $28,100 and how it suddenly plummet down to $25,900 we all know that there's much in anticipation over the market bull but it's may not take the same direction we expect it to go through, this are why the market is unpredictable sometimes.

Price conditions in the current market are difficult to predict, and I was even a little surprised when yesterday I saw prices starting to move again from around $25K to around $26.5K. This means that Bitcoin price fluctuations are still emerging in the market, making it difficult for many people to make predictions, although some people still make some kind of connection with other events that sometimes don't make sense even though they are still in touch with current world economic factors.