Bitcoin moving with fundamental news

[borovichok]

The price of Bitcoin fluctuates gradually, but when there is significant news about it, there is an impulsive move to the upside or downside as I have seen in the market. I think that it's preferable if you're active on social media to know what's going on before it's declared, but that's not always the case; as I've seen in the market, if the price isn't yet announced, it won't immediately cause a big move. Meaning, most investors are waiting for official news before taking action because not every news is true; some are fabricated for the purpose of manipulation.

The general public understands how Bitcoin works; it's not a new concept, and I'm becoming more acquainted with the project on a daily basis, much like Gold in the currency market. Bitcoin is well-known for its tremendous up and down market movement, which is unpredictable by professional traders and does not always favor everyone. The fundamental news has an impact on all projects in the market and is the primary factor that moves in response to the news. CPI, FOMC, and NFP are normally released twice or once a week. News are generally appropriate, and are more comparable to technical analysis.

[michellee]

Somehow but nowadays fundamental news and bitcoin movement sometimes don't follow each other. If usually when there is a big cash flow, the price will decrease quite quickly. but at this time sometimes there is fud news today but the market declines the next day. Or when yesterday there was positive news about a blackrock company that might be included in a bitcoin ETF or something. Well usually big news like this will make the market excited. but it turns out yesterday the price actually went down again. and then it was only today that we saw the bitcoin bull run back. There are several pauses in price movements with fundamental news. But basically the movement of bitcoin still follows fundamental news, it's just that sometimes the market reaction is always a little late. Maybe my observation is wrong. but that's what I've been noticing lately.

That is why the current situation is no longer predictable because the market can change at any time and does not depend on the existence of fud news or the movement of traders.

We must be careful with the current situation in the market and not just follow the fud news without seeking further information. We really have to keep learning to analyze and be able to find more information to understand what is and will be happening in the market.

Only then can we adjust our trades to enter the market after analysis. Maybe if we don't find any news, we can observe before deciding.

[doomloop]

Every time we get some news based on crypto currency.So the news was the cause of the rise in price or fall of the price.The prediction of bitcoin price by various traders and sharing on forum also affect the price of bitcoin in the market.The demand in the bitcoin in the market will also had some effect of the bitcoin price.Some call of trading signals also become a cause for price change in certain coin.

It always happens that news affects the price of the crypto market, but the difference is that only true news can affect the price of Bitcoin, fake news that speculators try to use to influence the market will not have a very big impact because Bitcoin's fundamentals are very strong compared to other coins. Bitcoin is back to a price of $26,000 and in this month perhaps the best price is $27,500. And always believe in Bitcoin fundamentals that have been tested in many difficult situations because the news that appears is true or not but Bitcoin is bounce back again.

As long as Binance and Coinbase are fighting against SEC for the allegations against them, I doubt if Bitcoin and the overall market will have much recovering, small ups and downs are a part of it, but it won't be able to go up much, so I believe this is nothing more than a trap for those who might start buying because it will dip again very soon and those who buy right now will regret their decision most probably.

The bounce back will take some time and it probably won't happen this month considering there is only about two more weeks for the month to end and we are yet to know the verdict of the cases going on, so we should probably either just wait or do DCA if the price starts dropping again.

[Silberman]

Somehow but nowadays fundamental news and bitcoin movement sometimes don't follow each other. If usually when there is a big cash flow, the price will decrease quite quickly. but at this time sometimes there is fud news today but the market declines the next day. Or when yesterday there was positive news about a blackrock company that might be included in a bitcoin ETF or something. Well usually big news like this will make the market excited. but it turns out yesterday the price actually went down again. and then it was only today that we saw the bitcoin bull run back. There are several pauses in price movements with fundamental news. But basically the movement of bitcoin still follows fundamental news, it's just that sometimes the market reaction is always a little late. Maybe my observation is wrong. but that's what I've been noticing lately.

What happens is that the strength of each fundamental news varies, but most of the time the news which have to do with a major country and their regulations have the tendency to move the market way more than other fundamental news, also the timing of the news is really important, if we are in a bear market a positive news will not move the price of bitcoin upwards as there is a huge resistance for this to take place, however if during that period a negative fundamental news took place then the price will go down at an incredibly speed.

[Timmzzy]

Bitcoin moving with fundamental news events and the breakout turns to be a fakeout now. Price fully reversed back to the resistance area and rejected again. #BTC back in range, so lets see where the breakout would be.

the market now is controlled, mostly by the news T.A, is just for confirmation, and so on, but i came to a spot where am to ask questions like whats really happhappening in the trading space is it that we dont HAVE TRENDING MARKETS anymore or what because at times i seat to QUESTION? my own analysis.