doomloop
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June 09, 2023, 11:26:19 AM |
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The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.
It obviously wouldn't crash forever because we have seen such things happening in the past as well where projects and exchanges crashed causing the market to crash as well but it always managed to recover back. For Binance, if things don't work out for them and they have to shut down their services for everyone, it might have a pretty big effect on the market because they are the no.1 exchange in the world right now. If they shut down services only for customers from the US, it might have a small dump but I don't think that it will have much of an effect knowing the global version will still be operational and most people all around the world use that for their trading operations.
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pawanjain
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June 09, 2023, 03:44:25 PM |
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For some reason I got a vibe that this news won't impact much on the price and just in few days the price was back to the previous range. I did short BTC at $26.7k but just when I got the vibe that it's kind of a fakeout then I made an exit. Fortunately I made an exit at the right time otherwise I would have been at a loss. I know it was a gamble because the trade was not based on any technical analysis and just the market news.
You shouldn't expect much from bitcoin price this month,because SEC and the crypto exchanges are having issues which might still keep the price of bitcoin within 25k-27k range. Bitcoin is volatile and the price is expected to pump and dump but no one knows to what extent the price will dump or pump to with the present issues surrounding crypto in the US. You are lucky that you didn't run out of loss because you chose to go into trading. Why don't you think of holding your bitcoin for a long term run,with this strategy,you will be assure of making profit whenever bitcoin have reached your target price of selling. Instead of gambling with your coins,since you don't have any trading strategy. It will save you from getting scared and looking at the price always. LOL, thanks for the tip but I already have my BTC in a separate wallet intended for a long term HODL. I don't mess with those coins. But I still keep seeking for an opportunity to make some small gains along the way. Which is why I have a separate wallet with just a few hundred dollars for trading purpose. That satisfy my need of getting into trading.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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Silberman
Legendary
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Activity: 2688
Merit: 1374
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June 11, 2023, 07:47:23 PM |
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The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.
It obviously wouldn't crash forever because we have seen such things happening in the past as well where projects and exchanges crashed causing the market to crash as well but it always managed to recover back. For Binance, if things don't work out for them and they have to shut down their services for everyone, it might have a pretty big effect on the market because they are the no.1 exchange in the world right now. If they shut down services only for customers from the US, it might have a small dump but I don't think that it will have much of an effect knowing the global version will still be operational and most people all around the world use that for their trading operations. Without a doubt we will have to keep an eye to this situation as binance is simply too powerful and if anything were to happen to it will generate huge consequences for the market as a whole, still even if for some reason binance was forced to completely shutdown its operations and the impact on the price of bitcoin will be felt very strongly, at the same time such a disappearance will not have an effect on bitcoin as an asset, so it would be a matter of time until bitcoin eventually recovered from such a strong hit.
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gabbie2010
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June 11, 2023, 08:34:17 PM |
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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. Presently the price had bounce back and got rejected from the strong support between 25341 and 25651 which is the fourth time price got rejected now heading to the last resistance, It obvious that the price is still in ranging mode until the price break through the strong resistance at 27347 and 27447 and retouch i.e resistance turn support thereafter we might assume that the price has resume it's bullish sentiment else the price will continue to range between the resistance and the support hopefully a strong positive fundamental news should trigger a massive pump that will break the resistance.
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teosanru
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June 11, 2023, 09:32:27 PM |
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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 problem with market right now since past 4-5 weeks is negligible volumes. We saw great volumes last time in April only, at that time we experienced never before volumes must have been some big accumulation by some whale but if you see after that May and even June till now has low volumes which has made us pretty much range bound. To break the range either ways you'll need some strong volumes.
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Bushdark
Sr. Member
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Vave.com - Crypto Casino
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June 11, 2023, 11:06:32 PM |
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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. With time just like the way the government wants it, Bitcoin would be controlled by fundamentals and I think this would aid the government to create unnecessary news that would effect the price of Bitcoin and make investors to panick. Like we have seen from the fee news recently, it had affected the price of Bitcoin and made it to fall in price which is one of the things that the government wants to manipulate the market with other whales. Bitcoin is moving to level where small news, whether it's fake or authentic would affect the overall prices of Bitcoin and altcoins just like we have in the forex market where news have higher effects on the currency market.
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Mpamaegbu
Legendary
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Activity: 2870
Merit: 1233
Once a man, twice a child!
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June 12, 2023, 06:37:10 PM |
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The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.
The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline.
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carlfebz2
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June 12, 2023, 09:05:00 PM |
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The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.
The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline. Not really that much on which that recent SEC vs Binance issue on which the price didnt really dip that much just like on what most people been anticipating and is true and this is really just like on what happened on the time that FTX does have an issue on which the price had just dipped around -5k which we know that it isnt really that something massive, right? People are really just too nervous when it comes to these economical issues or situations on which this hadnt been that new anymore into this market on which it would really be that normal that there would really be these kind of declines considering that it is really that attached to crypto space specially with Binance. Whenever there are issues been raised on then it wouldnt really be that shocking that crypto market would really be having that reaction but if we do really compared in into those previous years on which the scale of effect isnt really that much if you do compared to now on where it do really often have that effects and this is why people here on crypt does really have that kind of anticipation most of the time if there are some problems similar to this.
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cryptodude
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Tontogether | Save Smart & Win Big
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June 14, 2023, 04:07:44 PM |
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Bitcoin price may rise in cryptocurrency market based on some fundamental news. For example any government announcements, major partnerships and even world economic indicators can affect the value of Bitcoin. A good news such as Bitcoin acceptance in a new country which increases the amount of investment in the market and the price of Bitcoin increases while a bad news such as a problem with cryptocurrency security which increases the selling pressure can cause the price of Bitcoin to fall. Cryptocurrency investors can definitely make good earnings if they keep an eye on these market trends.
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jaberwock
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Activity: 2730
Merit: 1127
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June 15, 2023, 03:38:06 PM |
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The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.
The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline. Maybe you just look the market now and not before during the start of this news. Right now the market have recovered but before there were some minor drop and that might be reason why it didn't spread like a wildfire to other cryptos. It's also because many people did not panic because they know that Binance got this which is right. People can develop a bull mindset but it would still be nothing once a major negative event hit the crypto world. That mindset can still easily change. The case of FTT is different. It's not SEC that harass them but they did something wrong which lead for their platform to collapse and that had hit the market very hard.
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Silberman
Legendary
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Activity: 2688
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June 15, 2023, 09:10:10 PM |
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The volatility with price now can be traced with what is coming out from binance legal challenge and allegations with sec and restrictions from some countries. If that is what you call fundamental news maybe and that is going to create more panic until it settles down. However, it shouldn't affect the price of bitcoin for a longtime because bitcoin has a way of moving on after the news. News is a time to make quick profit and quick loss.
The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread. On the general; Bitcoin, just like every other coin/token moves with news. The news may not be volatile just like we've it now with SEC roughing it out with Binance (the topmost exchange as it's now) or when it was volatile during the FTT exchange collapse. It shouldn't surprise anyone as every business is moved by news whether online or offline. This is a good observation, the market went down after the news of the actions of the SEC against binance came out, but it is nowhere near as bad as it could have been, and this means that despite everything that happened people are still bullish, even if those feelings still are not reflected on the price, the only way to really crash this market is if a black swan came out of nowhere and hit the world, similar to what happened when the pandemic was first confirmed years ago.
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usekevin
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June 16, 2023, 06:18:08 PM |
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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.
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Oilacris
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June 16, 2023, 11:18:32 PM |
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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.
Yes, the significance of these type of news do really make out some effects on the market now which unlike before on which it doesnt really make out some effect but now everytime we do see that there's some news which is really that connected to Bitcoin or some crypto then it do make out some effect and on the time comes on which the effect would really be having that domino effect. This is why people most of the time would really be making out such step on placing their positions on the time that the market would be making out some correction. This is where FA would be kicking in as an investor or trader then you would really be seeing this situation to be that relevant for you to make such action. Its hard and unpredictable because just like been said by other members here that not all the time the market would really be having that kind of reaction. This is why its not still an assurance or being sure that it would be making effect. This is where risk taking would take place because not all would really be having the same mindset and actions would be taking.
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Strongkored
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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June 17, 2023, 03:44:30 AM |
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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.
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irhact
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June 17, 2023, 05:45:22 AM |
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The news of SEC's "harassment" of Binance isn't even catching on like a wildfire as one would expect with such magnitude of news and I think it's because the market had already developed a mindset of a bull rally before now. I shared this similar opinion in another thread.
It could also be that because the market has already dumped so much for the past two years that we don't have much weak hands to be scared by what the security and exchange commission are doing to exchanges. When don't have much sellers left in the market and also if you observe the case, it has nothing to do with Bitcoin and the altcoins that it affects more are dumping and catching like wildfire. News has always been the biggest influence on the cryptocurency market, whenever there's a news, the market will always react. It doesn't matter if the news has anything to do with Bitcoin or not. When the news is after the cryptocurrency industry, Bitcoin also gets affected just like with the recent news of the US SEC coming after centralized exchanges.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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June 17, 2023, 08:16:44 AM |
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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.
Dude, there is almost no such thing as true news these days. Just a version of the true news. You just have to see one event in the markets, and then ask different people what it means, and you can see 5 different angles. Even the news always shows opinion polls on what happens next and it's so and so people who think Bitcoin goes up, so and so think it goes down. The more important thing to realize about Bitcoin price is "news" affects it temporarily. Fake or true. But wait long enough and it always goes up. Once you realize this you don't care anymore about news.
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Mpamaegbu
Legendary
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Activity: 2870
Merit: 1233
Once a man, twice a child!
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June 17, 2023, 09:59:25 AM |
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~snipped
It could also be that because the market has already dumped so much for the past two years that we don't have much weak hands to be scared by what the security and exchange commission are doing to exchanges. When don't have much sellers left in the market and also if you observe the case, it has nothing to do with Bitcoin and the altcoins that it affects more are dumping and catching like wildfire. You could've a point there. However, I do think it's more of people getting used to Bitcoin always coming back from its near "death experiences" each time and deciding to hodl despite any FUD. Even those who FUD do so to get cheap entry. Investors aren't as scared as they were a few Bitcoin circles ago. Each circle has taught many of us to continue to believe in Bitcoin's reliability. Take for instance, a few months ago someone begged me to invest in cryptocurrency of my choice for them. Knowing how nothing is certain in this industry, I took a gamble with Bitcoin. I put the cash on Bitcoin. On my own fund, I would've invested on some alts and borne the huge risk. I chose Bitcoin because it's money I wanted to gain back no matter how long it took. It will only use up anyone's patience for whatever dip Bitcoin is experiencing to get back to profit. This type of mindset I didn't have a few years ago. In the past I would've panicked with each dump and sold off but not now anymore.
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Jatiluhung
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June 17, 2023, 10:07:51 AM |
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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.
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jostorres
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June 17, 2023, 06:04:42 PM |
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Bitcoin price may rise in cryptocurrency market based on some fundamental news. For example any government announcements, major partnerships and even world economic indicators can affect the value of Bitcoin. A good news such as Bitcoin acceptance in a new country which increases the amount of investment in the market and the price of Bitcoin increases while a bad news such as a problem with cryptocurrency security which increases the selling pressure can cause the price of Bitcoin to fall. Cryptocurrency investors can definitely make good earnings if they keep an eye on these market trends.
If the news is also positive yes but if it's negative, we will only experience a decline. Crypto investors can avoid losing if they can sell quick before the negative news occurs. This is why it's better to be aware on what is happening around you. Being active on social media sites does help as well because sometimes the happenings are being shared there before the news covers it. The only way for a crypto investor to earn is when there is a good news. We can still be able to buy coins cheaply when the price goes down right after a bad news. Fundamental news is so powerful but there are still lots of people who underestimate it especially the traders because they only focus on the technical aspects.
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jeraldskie11
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June 17, 2023, 10:39:27 PM |
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Bitcoin price may rise in cryptocurrency market based on some fundamental news. For example any government announcements, major partnerships and even world economic indicators can affect the value of Bitcoin. A good news such as Bitcoin acceptance in a new country which increases the amount of investment in the market and the price of Bitcoin increases while a bad news such as a problem with cryptocurrency security which increases the selling pressure can cause the price of Bitcoin to fall. Cryptocurrency investors can definitely make good earnings if they keep an eye on these market trends.
If the news is also positive yes but if it's negative, we will only experience a decline. Crypto investors can avoid losing if they can sell quick before the negative news occurs. This is why it's better to be aware on what is happening around you. Being active on social media sites does help as well because sometimes the happenings are being shared there before the news covers it. The only way for a crypto investor to earn is when there is a good news. We can still be able to buy coins cheaply when the price goes down right after a bad news. Fundamental news is so powerful but there are still lots of people who underestimate it especially the traders because they only focus on the technical aspects. 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.
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