Bitcoin Forum
April 27, 2024, 11:08:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Bitcoin price is always affected by world market news, why ???  (Read 413 times)
Minhxx (OP)
Jr. Member
*
Offline Offline

Activity: 412
Merit: 3


View Profile WWW
May 30, 2023, 11:02:34 PM
 #1

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?

[
⬣⬣⬣⬣⬣⬣   ⬣⬣⬣   ⬣     ComboNetwork.io     ⬣   ⬣⬣⬣   ⬣⬣⬣⬣⬣⬣
A leading provider of scaling solutions for Web3 game developers
1714259307
Hero Member
*
Offline Offline

Posts: 1714259307

View Profile Personal Message (Offline)

Ignore
1714259307
Reply with quote  #2

1714259307
Report to moderator
1714259307
Hero Member
*
Offline Offline

Posts: 1714259307

View Profile Personal Message (Offline)

Ignore
1714259307
Reply with quote  #2

1714259307
Report to moderator
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Quidat
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 539



View Profile
May 30, 2023, 11:09:58 PM
 #2

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?
Market is truly that unpredictable, there's no way we could be able to know or predict on what would be its next movements. Yes, it isnt something that could really be connected into
economic events externally but we cant really tell that its 100% assured that it isnt really that connected specially if big economical events is happening then its really that impossible that
we wont really be making up some correlation or in connection. This crypto market is really that highly reactive when it comes to news and evens on which if you do make out some
Fundamental analysis then it would really be something applicable and relevant plus having those TA which it would really be giving out that picture out on what things are needed up to be do
done but of course it wont really be having no assurance about being that precise on making profits out of those decisions.


        █████████████████      ███████████████    ██████████  ████████    █████████████
    █    ███████   ███████  ████████      █████  ███████████ ████████    ██████   ██████ 
        █████████   ███████  ████████      █████  ████████████████████  ████████   ▀▀▀▀▀▀
   ▅▅  ████████   ███████  ████████      █████  ████████████████████  ████████
  █  ▀▀  ████████████████    ████████      █████  ████████████████████    ██████████████
     ▅▅████████   ███████  ████████      █████  ████████████████████              █████   
       ▀▀████████   ███████  ████████      █████  ████████████████████  ▄▄▄▄▄▄      █████
▅▅▅▅▄ ████████   ███████  ████████      █████  ████████ ███████████  ▀▀██████████████
        █████████████████     ████████████████   ████████ ███████████    ▀▀▀██████████


Your Intro
Telegram Casino
to Fun & Entertainment
The Next-Gen
Gaming Space
     ▃▃▃▃▃▃▃▃▃▃▃▃▃
  ▄▄█████████████▄▄
██▀               ▀████▄
                       ██
   ██            ■■    ██
 ██████        ■■  ■■  ███
   ██    ▀ ▀     ■■    ███     
     ▃▃▃▃▃▃▃▃▃▃        ██
    █████████████      ██
    ██          ████████▀
████▀           ▀█████▀
BitMaxz
Legendary
*
Online Online

Activity: 3234
Merit: 2943


Block halving is coming.


View Profile WWW
May 30, 2023, 11:18:23 PM
 #3

That's normal it is just likely the same on Forex, good news or FUD still has a  significant impact on the market that is why we have fundamental analysis to determine the trend and set a stop-loss early if there is some bad news related to Crypto. Technical analysis is not enough to decide to buy or sell you need to combine both of these techniques to get a perfect analysis for the next price movement.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
South Park
Hero Member
*****
Offline Offline

Activity: 2870
Merit: 794


I am terrible at Fantasy Football!!!


View Profile
May 30, 2023, 11:37:14 PM
 #4

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?
It is not a paradox, is bitcoin part of the financial system? Can you buy things with it, exchange it for other fiat currencies and hire the services of companies and other people with it? Since the answer to all of that is yes, then why do you think that bitcoin should not respond to the fluctuating market conditions that we experiment? This is the most natural thing for bitcoin to do, and even if it is undesirable to you for some reason you have no other option but to adapt to it.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Wiwo
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 673



View Profile WWW
May 30, 2023, 11:38:52 PM
 #5

That's normal it is just likely the same on Forex, good news or FUD still has a  significant impact on the market that is why we have fundamental analysis to determine the trend and set a stop-loss early if there is some bad news related to Crypto. Technical analysis is not enough to decide to buy or sell you need to combine both of these techniques to get a perfect analysis for the next price movement.
Yes, that is true, since Bitcoin coexist with other assets of global relevance, it becomes very important to acknowledge the place of information sharing and news in the overall well-being of the market so which gives birth to funds and FOMO in the Bitcoin market since some people act along what they're heard from the news, and this is no new, but then as well-thought investors, we should be able to differentiate between real news and funds, and even if we can't totally avoid the funds, we can at least limit their influences on our daily decisions regarding our positions.

.
 airbet 
██
██
██
██
██
██
██
██
██
██
██
██
██
 .

▄████▄▄▄██████▄
███████████████
███████████████
███████▀▀▀▀████
██████████████
▀███▀███████▄██
██████████▄███
██████████████
███████████████
███████████████
██████████████
█████▐████████
██████▀███████▀
▄███████████████▄
████████████████
█░██████████████
████████████████
████████████████
█████████████████
█████████████████
███████░█░███████
████████████████
█████████████████
██████████████░█
████████████████
▀███████████████▀
.
.
.
.
██▄▄▄
████████▄▄
██████▀▀████▄
██████▄░░████▄
██████████████
████████░░▀███▌
░████████▄▄████
██████████████▌
███░░░█████████
█████████░░░██▀
░░░███████████▀
██████░░░██▀
░░▀▀███▀

  
|.
....
██
██
██
██
██
██
██
██
██
██
██
██
██
.
 PLAY NOW 
dothebeats
Legendary
*
Offline Offline

Activity: 3626
Merit: 1352


Cashback 15%


View Profile
May 30, 2023, 11:59:45 PM
 #6

Traders are just capitalizing on whatever news they can get. They are making a big fuss on it and are trying to stimulate the market into that news to make money. Even if it seems completely unrelated to whatever asset you are handling, they will still try to connect the dots to it and make you believe that it will affect the asset that you're handling. That has been the way for years way even before bitcoin existed, so I am no longer really surprised that the world news affects bitcoin in some way.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Sarah Azhari
Hero Member
*****
Offline Offline

Activity: 854
Merit: 737



View Profile
May 31, 2023, 12:05:28 AM
 #7

I want to ask experienced investors?? How can you capture this potential market?
You have to learn how experienced investors out there handle the market. You have to learn how Warren invest his money in other instruments but didn't panic when the market crashed. You have to learn how Elon handle his emotion when Tesla stock fell. The real investor has good management to face all situation market so that if a crash happens they don't panic and take it easy to handle it.

And, We are as small investors have to learn how to hodl because there is a starting point if want to continue to the market. We must have long-term planning, and step if the bad news appears according to the market. So it's no big deal (bad news) if suddenly make the crash because we've already to face it.

So, Like what happened in last week (bitcoin price down to 26k), if you panic and don't have management to face it, you should sell it. But if you relax, easy going, and keep hodl your bitcoin, you will be fine until today.

.
▄██████████████
███████████████
███████████████
█████████████▀░
███████████▀▄░█
██████████░███░
███████▀▀░▀▀█▀▀
█████▀░░░░░░░▀▄
█████░░░░░░░░░█
█████▄░░░░░░░▄▀
███████▄▄▄▄▄███
███████████████
▀██████████████
▄██████████████
███████████████
████████████▀██
█████████▀▀░░░▀
████████░░░░░░░
██████░░░░░░░░░
█████░░░░░░░░░░
█████░░░░░░░░░░
██████▄░░░░▄▄▄░
█████████▀▀░░░▀
████████▄▄▄▄▄▄▄
███████████████
▀██████████████
▄██████████████
███████████████
██████████▀▀▀▀▀
███████▀░▀█▄░░░
██████░░░░░█▄░▄
█████░░▄▄▄▄▄██▀
█████▀▀▀░░░░▄█▄
█████░░░▄▄█▀▀░█
██████▄█▀▀░░░░▀
███████▄▄░░░░░░
██████████▄▄▄▄▄
███████████████
▀██████████████
▄████████████████████████▄
██████████████████████████
█████████████░████████████
████████████▀▄████████████
█████▀▀░░░░░░░░░░░░▀▀█████
████▀░░░░░░░░░░░░░░░░▀████
████░░░██░██░░░░█░░░░░████
████░░░▄▄▀▄▄░░▀▀▄▀▀░░░████
████▄░░▀▀░▀▀░░░░▀░░░░▄████
█████▄▄░░░░░░░░░░░░▄▄█████
██████████████████████████
██████████████████████████
▀████████████████████████▀
.
Darker45
Legendary
*
Offline Offline

Activity: 2562
Merit: 1856


🙏🏼Padayon...🙏


View Profile
May 31, 2023, 12:47:02 AM
 #8

Sometimes it does; sometimes it doesn't. The price of Bitcoin doesn't always follow the world market news. Although we cannot treat Bitcoin as if it is completely indifferent to the global traditional economy, the correlation isn't a complete one. You just have to look back at the news in the recent weeks, particularly when giant banks are falling one after another. It is symptomatic of a worse problem in the market and yet Bitcoin moved in a direction towards a negative correlation.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Onset
Jr. Member
*
Offline Offline

Activity: 56
Merit: 26


View Profile
May 31, 2023, 12:47:37 AM
 #9

Lately Bitcoin’s been treated more like a stock, but we’re still hanging in between stock and commodity. Some people see it as a thing they can just make money from, others see it as a safe haven. The adoption still isn’t incredible and some countries still lay in between acceptance and refusal of BTC. The price is known to be extremely volatile and all of these added up give you a pretty good answer to your question.

Bitcoin moves like that because many holders are afraid that Bitcoin will crash during a war, that Bitcoin will die because China or whoever else is under yet another crackdown and so on. And Bitcoin is still new, it hasn’t been through all possible kinds of events. We know how even new stocks react to events because stocks have been for so long. Same for commodities. But we don’t know yet if Bitcoin is a commodity, a stock or simply its own category of assets.
bayu7adi
Hero Member
*****
Offline Offline

Activity: 1400
Merit: 544

paper money is going away


View Profile WWW
May 31, 2023, 01:28:27 AM
 #10

Although news sources may not always provide factual information, news portals still need to report them to influence the public's emotions towards what the media and their masters desire. Up to this day, major media outlets hold significant influence over investments. It is important to remember that most people only have access to news media to supplement their understanding of fundamental analysis.

Moreover, upon further examination, price movements actually occur due to the dynamic nature of supply and demand. News, on the other hand, has the power to influence demand, whether it be high or low, depending on the media delivering it and the type of news being conveyed. News and the prices of stocks or Bitcoin are truly inseparable.
bittraffic
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 612


#SWGT PRE-SALE IS LIVE


View Profile WWW
May 31, 2023, 01:29:17 AM
 #11

By capture you mean invest without losing? Most recommendation actually is to buy at the bottom price where normally happens in the crypto bear market. I think you are at the right time to invest before the price exceeds the previous all time high.

Investors who hold their BTC for long term captures the market especially near halving.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






BlackBoss_
Sr. Member
****
Offline Offline

Activity: 616
Merit: 393


Rollbit - the casino for you. Take $RLB token!


View Profile
May 31, 2023, 01:57:45 AM
 #12

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
World news like economics, politics, regulations have many things to do with many markets and Bitcoin market is not exception. It is not true to say world news has nothing to do with Bitcoin market.

If world economics condition is bad, national economics condition will be bad too. Locals will not have enough abundant money for investment. With less capital in, less demand, price will be lower.

With chaos of politics globally and nationally, locals will have less reasons to invest in Bitcoin.

Regulations on this new market can be suddenly applied and seriously affect this market.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
LogitechMouse
Legendary
*
Offline Offline

Activity: 2422
Merit: 1036


Chancellor on brink of second bailout for banks


View Profile WWW
May 31, 2023, 02:04:13 AM
 #13

The market is always changing according to world news. It has nothing to do with bitcoin
Markets is heavily driven by sentiments of the investors.
Investors rely heavily on news in terms of when they will invest or not.
Therefore, Bitcoin's price is heavily affected by the news because some or most of the investors are basing on the news on whether they will invest or not.

This kind of thing has been happening for years already, and since my start here in the crypto industry, I've seen Bitcoin's price go up, and down just because of the news that's being spread on different platforms. In 2017, I remember that Bitcoin's price moves by at least double digit percentage most of the time, if the news is positive, and vice-versa. Nowadays, news doesn't have that much effect on the price of Bitcoin anymore, but still there's a bit of it, but not as much as what it was in 2017.

Overall, an an investor, it would be better if we will base on charts rather on the news.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
bitzizzix
Sr. Member
****
Offline Offline

Activity: 2366
Merit: 448


Play Bitcoin PVP Prediction Game


View Profile
May 31, 2023, 02:04:50 AM
 #14

Everything that happens is natural because downturns will always occur due to several factors and for now they may be influenced by what is happening in the world today, and not only in the crypto world which is not doing well lately. Likewise with the stock market and others.
A recession looms, inflation soars, interest rates soar and the cost of living bites. And maybe what happened has shaken their overall confidence in the crypto market and other markets. As a result, it is possible that many people decide to sell, but there are also those who take advantage of this opportunity to buy.
and in my opinion there is nothing to worry about, because with what comes it is a great opportunity and also a discount to buy, because of the low price. Then you just sit still and watch it, that's how it works and look ahead "the pump will always happen".

█████▄▄██
███▄█████
██▄███████▄
████████████████
███▀██████████▀
██▄████████████▄
░█████▀▀▀▀▀▀█████
████▀████████▀████
▀▀▀▀▄▄▄▄▄█████████
█████▀███████▄████
███████▀▀▄▄▄█████
███████████████▀
████████████▀▀
OMBARD.com|.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀
██████░██░████░██
▄▄░▄▄░▄▄░▄▄░▄▄░▄▄▄▄
▀▀░▀▀░▀▀░▀▀░▀▀░▀▀▀▀
██████████████
▄▄░▄▄▄▄░▄▄░▄▄▄▄▄▄
▀▀░▀▀▀▀░▀▀░▀▀▀▀▀▀
██░██░██████████
▄▄▄▄▄▄▄▄░▄▄░▄▄▄▄
▀▀▀▀▀▀▀▀░▀▀░▀▀▀▀
.
PICK,
PLAY,
PROSPER!
|.

██████
██████████
██████████
██████████████
████████████████
████████████████
████████████████
████████████████
████████████████
█████████████████   ██
PROVABLY
FAIR
1%█████████████████   ██
HOUSE
EDGE
100%█████████████████   ██
DEPOSIT
BONUS


▄▀▀▀







▀▄▄▄
.
Play now
.

▀▀▀▄







▄▄▄▀
BALIK
Copper Member
Hero Member
*****
Offline Offline

Activity: 2058
Merit: 591


🍓 BALIK Never DM First


View Profile
May 31, 2023, 03:25:45 AM
 #15

Bitcoin or cryptocurrency is a financial market, whether decentralized or centralized, it is still part of the world economy. No asset can be independent and develop on its own without correlating with our world economy. News does not affect bitcoin directly, but it affects investor sentiment, and it is we who are creating bitcoin volatility, not news. If we don't panic and don't Fomo when the news gets out, then bitcoin won't have any affected. In addition, news is one of the signals for us to analyze the market, it is an important part that we need.

mk4
Legendary
*
Offline Offline

Activity: 2744
Merit: 3830


Paldo.io 🤖


View Profile
May 31, 2023, 03:29:14 AM
 #16

Simply because a lot of people buy bitcoin as an investment? That's pretty much it. If you've been in the markets since 2018 you should know by now that certain news doesn't need to necessarily relate to a certain asset to be able to affect its price.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
crypticj
Sr. Member
****
Offline Offline

Activity: 873
Merit: 268


View Profile
May 31, 2023, 03:29:35 AM
 #17

Because people use Bitcoin as an asset and trade it. That's why its moves are usually correlated with NASDAQ.

So when investors see any news that can make people sell bitcoin, they sell it.

So when you don't know why bitcoin is doing something, just remember that nowadays bitcoin is NOT a currency, it's an asset people want to buy and sell later.
Poker Player
Legendary
*
Offline Offline

Activity: 1358
Merit: 2011



View Profile
May 31, 2023, 03:33:45 AM
 #18

The market is always changing according to world news. It has nothing to do with bitcoin

You are wrong. That doesn't always happen.

Sometimes it does; sometimes it doesn't. The price of Bitcoin doesn't always follow the world market news. Although we cannot treat Bitcoin as if it is completely indifferent to the global traditional economy, the correlation isn't a complete one.

That's right. Bitcoin, as a financial asset, is affected by news about the economy in general, but it has particularities that make it go up or down regardless of what happens in the rest of the markets.

To the OP I would recommend a long term view. Regardless of the influence of the world markets, if the financial asset is good, as is the case with Bitcoin, the long-term trend is upwards, regardless of short-term volatility.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
noorman0
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 694


[Nope]No hype delivers more than hope


View Profile WWW
May 31, 2023, 05:29:14 AM
 #19

Bitcoin has reached a certain level of maturity in terms of adoption so that even if it is not the main object in the news, as long as it contains situations that impact the macro economy it is capable of creating price volatility. News will create sentiment that influences investors' decisions to execute their investment portfolios.

This space for rent.
Available in mid January 2024 - PM me
Husires
Legendary
*
Offline Offline

Activity: 1582
Merit: 1284



View Profile WWW
May 31, 2023, 06:28:17 AM
 #20

The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
The market and adoption is still small, small fish can’t swim against the tide, especially with United States debt that exceeds 30 trillion dollars. We need to reach the 5 trillion or 10 so that we can safely say that Bitcoin can not be affected by major economic variables. this means 300k to 600k per bitcoin.

It is true that Bitcoin is affected by economic crises, but this effect is positive. After COVID-19 March2021, Bitcoin was one of the fastest assets to recover its value, and even to achieve quick gains. Since the beginning of this year, Bitcoin has made a decent rally.

I want to ask experienced investors?? How can you capture this potential market?
I can prepare a long list of comparisons between Bitcoin and more assets including gold in which Bitcoin has proven to be a good investment in the long term, despite the negative performance with global variables in the short term.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!