Bitcoin Market Price in Respect of News

[kamvreto]

If we pay attention to the current market conditions, it certainly makes us have to be patient, leaving bitcoin for a moment and doing other activities such as camp or to the beach is a thing that can make us not too dizzy with the current price conditions, it is natural that many predictions that the increase will begin end of the year or still about 3 months.

Hmmm - even you don't have to go anywhere if you are a long term investor. You only need to do the routine as usual while continuing to ensure the security of your storage wallet remains safe. I don't think long term investors in bitcoin should be concerned about market conditions all the time - of course that's not good for your mental and psychological health.

You know - long term investors tend to expect passive income on the assets they invest. Let the market work as it should - you just have to be patient and wait for the best time to take profits. After all you can set a selling price for your asset if you actually hold it on an exchange ^{[not recommended],} but for safety advice - you should just store it in a non-custodial wallet while waiting for the price to settle with you.

Long-term investors certainly have to enjoy their lives, enjoy every activity. No need to think about how the market moves. What needs to be considered is the security of their wallet and If you have a backup plan in case of a market crash, it's a good idea to make a buy back or do a DCA if that's necessary. The price target has been determined and we are just waiting for the price to rise to reach the target price. Long-term investing provides good mental health, less involvement with market charts that stress some people out.

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[bitbollo]

My opinion...There are many reasons for a change on this price trend.

We are pre halving (previous years there was no pump before halving), price Is already up of 70% YTD, general bear market due high inflation/post COVID-19 season, I mean, there are always many factors to be taken in count.

[imamusma]

My opinion...There are many reasons for a change on this price trend.

We are pre halving (previous years there was no pump before halving), price Is already up of 70% YTD, general bear market due high inflation/post COVID-19 season, I mean, there are always many factors to be taken in count.

Exactly, and in my opinion this is a reasonable condition. Many things can affect the price of bitcoin and cause its price to fluctuate, of course news is one of them.

With regards to the halving, I also believe that some correction may be coming. The market is still very sensitive to negative news, some even see it as manipulation. There's a lot to factor in although ultimately I do believe in the price potential in the long term. Current market conditions allow for accumulation, but still consider DCA to anticipate falling prices.

[flyingcarpet]

My opinion...There are many reasons for a change on this price trend.

We are pre halving (previous years there was no pump before halving), price Is already up of 70% YTD, general bear market due high inflation/post COVID-19 season, I mean, there are always many factors to be taken in count.

Exactly, and in my opinion this is a reasonable condition. Many things can affect the price of bitcoin and cause its price to fluctuate, of course news is one of them.

With regards to the halving, I also believe that some correction may be coming. The market is still very sensitive to negative news, some even see it as manipulation. There's a lot to factor in although ultimately I do believe in the price potential in the long term. Current market conditions allow for accumulation, but still consider DCA to anticipate falling prices.

We've got nothing but Halving. I know prices will go up, but I think it's too early yet. Bitcoin price is no longer affected by negative news as much as before. We have seen this in many news. So the market may be sensitive to negative news, but Bitcoin is not as affected as other coins.

There is an expectation in the market that the price of Bitcoin will decrease. Bitcon has been stuck at 29k 30k prices for a long time. The expectation of decline must be met before the price begins to rise. Of course, I think this way, maybe the price will go up without ever falling.

[Wapfika]

We've got nothing but Halving. I know prices will go up, but I think it's too early yet. Bitcoin price is no longer affected by negative news as much as before. We have seen this in many news. So the market may be sensitive to negative news, but Bitcoin is not as affected as other coins.

There is an expectation in the market that the price of Bitcoin will decrease. Bitcon has been stuck at 29k 30k prices for a long time. The expectation of decline must be met before the price begins to rise. Of course, I think this way, maybe the price will go up without ever falling.

We have ETF pending approval that submitted by Blackrock which starts the current hype for ETF once again on crypto market. Halving is too far to be considered as relative to the current price pump since the price reacts on current news being headline on news channel.

I believe the inflation gives a price boost too since some of the fiat holders is using Bitcoin to escape from inflation that hitting hard the fiat especially the USD.

[Falconer]

-snip-

We've got nothing but Halving. I know prices will go up, but I think it's too early yet. Bitcoin price is no longer affected by negative news as much as before. We have seen this in many news. So the market may be sensitive to negative news, but Bitcoin is not as affected as other coins.

There is an expectation in the market that the price of Bitcoin will decrease. Bitcon has been stuck at 29k 30k prices for a long time. The expectation of decline must be met before the price begins to rise. Of course, I think this way, maybe the price will go up without ever falling.

There's not much I can say other than asking you to look at the actual market conditions. The market is volatile all the time and you cannot avoid that negative news like FUD and big news in the mainstream can influence the price to go down. Believe me, bitcoin has a correlation with such things in low and high percentage due to the influence of traders.

Something is not completely certain, especially about speculation about the future price of bitcoin. The market will be affected by anything, both news and others, such as politics and world financial conditions, even a pandemic can affect prices.

[carlfebz2]

-snip-

We've got nothing but Halving. I know prices will go up, but I think it's too early yet. Bitcoin price is no longer affected by negative news as much as before. We have seen this in many news. So the market may be sensitive to negative news, but Bitcoin is not as affected as other coins.

There is an expectation in the market that the price of Bitcoin will decrease. Bitcon has been stuck at 29k 30k prices for a long time. The expectation of decline must be met before the price begins to rise. Of course, I think this way, maybe the price will go up without ever falling.

There's not much I can say other than asking you to look at the actual market conditions. The market is volatile all the time and you cannot avoid that negative news like FUD and big news in the mainstream can influence the price to go down. Believe me, bitcoin has a correlation with such things in low and high percentage due to the influence of traders.

Something is not completely certain, especially about speculation about the future price of bitcoin. The market will be affected by anything, both news and others, such as politics and world financial conditions, even a pandemic can affect prices.

You should be thinking that these all things are really that part of this speculative market on which news and fundamentals could really just pop out like mushrooms whether they are that positive or negative then
you dont really have no other choice but to deal with it or face it. Its been always part of the market which these kind of news would really be just popping out like in nowhere.If you dont make yourself that get prepared then you would really be that impulsive on dealing up with these things and might really be altering out your mindset and analysis that you had set earlier.

Whenever you do see some sudden news then it would really be that normal that there would be those people who would really make out some immediate step whether they would be buying or selling depending or according into the news whether its bullish or bearish one. You cant really blame out someone on having that impression because sometimes the market do really make out some significant recognition in terms
of these things on which it would be neither be that effective or not. So its a personal kind of choice whether you would really be that depending with those information or not.

[_BlackStar]

-snip-

Long-term investors certainly have to enjoy their lives, enjoy every activity. No need to think about how the market moves. What needs to be considered is the security of their wallet and If you have a backup plan in case of a market crash, it's a good idea to make a buy back or do a DCA if that's necessary. The price target has been determined and we are just waiting for the price to rise to reach the target price. Long-term investing provides good mental health, less involvement with market charts that stress some people out.

kamvreto - I agree not that you are a Legendary member, but that you have valid points there. Trust me.  

Long-term investors will not spend a lot of time in front of the monitor every day analyzing prices and monitoring price movements. They only need to adjust their plans if suddenly their investment assets lose a large portion of their value - but that's not too much to expect from bitcoin. Nonetheless - I still believe they should consider DCA and accumulate assets in the event that their investment assets lose a few percent of their value.

[Joshapat]

Bitcoin and cryptocurrencies is a type of investment which of course anything including global news, economic issues and so on is very influential, if economic conditions are difficult then many people need cash so that new money will not enter cryptocurrencies so that it makes the market red, and as it happened at this time that many bitcoin owners are switching to stable coins and withdrawing to accounts, making it difficult for the market to rise.

[DanWalker]

We've got nothing but Halving. I know prices will go up, but I think it's too early yet. Bitcoin price is no longer affected by negative news as much as before. We have seen this in many news. So the market may be sensitive to negative news, but Bitcoin is not as affected as other coins.

There is an expectation in the market that the price of Bitcoin will decrease. Bitcon has been stuck at 29k 30k prices for a long time. The expectation of decline must be met before the price begins to rise. Of course, I think this way, maybe the price will go up without ever falling.

We have ETF pending approval that submitted by Blackrock which starts the current hype for ETF once again on crypto market. Halving is too far to be considered as relative to the current price pump since the price reacts on current news being headline on news channel.

Many EFTs have been rejected and I think you shouldn't expect too much news about Blackrock's EFT, which is not what we should expect as the SEC keeps rejecting EFTs. I don't remember where I read it but there is news that the SEC will delay all EFTs until early 2024 and that's also when the halving will take place.

I believe the inflation gives a price boost too since some of the fiat holders is using Bitcoin to escape from inflation that hitting hard the fiat especially the USD.

This is theoretically true but with what is happening, it is not because bitcoin is still not known and accepted by many people. If people really considered bitcoin as an inflation hedge, it wouldn't have been severely dumped in 2022 when inflation peaked. Bitcoin is a better hedge against inflation than gold, but a lack of understanding about bitcoin has led people to ignore it.

[HONDACD125]

Bitcoin and cryptocurrencies is a type of investment which of course anything including global news, economic issues and so on is very influential, if economic conditions are difficult then many people need cash so that new money will not enter cryptocurrencies so that it makes the market red, and as it happened at this time that many bitcoin owners are switching to stable coins and withdrawing to accounts, making it difficult for the market to rise.

 In fact, Bitcoin is a great form of digital investment. As the world rapidly moves towards digital, new ways of investing are also being adopted. As far as global news is concerned, cryptocurrencies and Bitcoin often fluctuate due to global news. Big investors investing in Bitcoin or cryptocurrency tend to focus a lot on global news, and they exit the market before any bad news. This is why the market falls. You are right that if economic conditions are bad, people convert their currencies into stable coins to get cash. If new people don't come into the market, new capital will not come in and the market becomes difficult to go up. You are right that there are many factors that cause the market to fall and people withdraw their capital, after which The market gets into trouble.

[Nheer]

There's more to say and discuss on how the influence of news could alter the market price for bitcoin even though this may not be much felt but the impact of news has its own little way of contributing to the bitcoin market price, information reaching that the FED take a new dimension on bitcoin approach seing it as a currency and given it due recognition in cryptocurrency might be the reason for the shift we had as seing that bitcoin gets to $30,000 few hours ago before coming down to $29,880 what are your opinions and thoughts on this.

News really has a huge impact on the price of bitcoin because bitcoin is an asset of value and it’s volatile nature makes everyone want to know how well or how bad it is doing. Every Bitcoiner wants to know the direction it’s moving towards so they are always on every news medium to get information about bitcoin. News influences the price of bitcoin or any cryptocurrency positive news can have impact on the price positively and likewise negative news can have a negative impact on its price. When something is not safe or when there is a problem, or maybe there is a rule that goes against bitcoin or maybe a body being introduced causes an inconvenience with the use of bitcoin, it affects bitcoin negatively and price of bitcoin will go down. Take For instance when something is wrong or maybe an exchange got hacked people are forced to sell their assets and bitcoin price will drop. Likewise when there is a positive news it will affect the price positively.

[tygeade]

News really has a huge impact on the price of bitcoin because bitcoin is an asset of value and it’s volatile nature makes everyone want to know how well or how bad it is doing. Every Bitcoiner wants to know the direction it’s moving towards so they are always on every news medium to get information about bitcoin. News influences the price of bitcoin or any cryptocurrency positive news can have impact on the price positively and likewise negative news can have a negative impact on its price. When something is not safe or when there is a problem, or maybe there is a rule that goes against bitcoin or maybe a body being introduced causes an inconvenience with the use of bitcoin, it affects bitcoin negatively and price of bitcoin will go down. Take For instance when something is wrong or maybe an exchange got hacked people are forced to sell their assets and bitcoin price will drop. Likewise when there is a positive news it will affect the price positively.

Not all news, some news may make the price move but not all news make it move at all. I think it's important to know the difference and if you are aware of the difference then you are going to be fine. There are a lot of people who are not aware of the difference and because of that they make very wrong moves. They think a news will make it go up or down, and they end up trading because of that, and then the news comes out and heard by everyone and nothing changes at all.

I think that is an important thing, there is really nothing wrong with that at all. We should be aware of the situation that would be important in the end if the news matters to the market and if it doesn't matter to the market then that news means nothing.

[justdimin]

There's more to say and discuss on how the influence of news could alter the market price for bitcoin even though this may not be much felt but the impact of news has its own little way of contributing to the bitcoin market price, information reaching that the FED take a new dimension on bitcoin approach seing it as a currency and given it due recognition in cryptocurrency might be the reason for the shift we had

Blackrock is one of the biggest companies in the world, they do not seem like it, because it is not "their money", but they have trillions and trillions, there are just few nations with bigger GDP than blackrock, think about how rich they are. It could be not their money, but it is still their money to control and do whatever they want to do with it.

This means that if they want to bribe the right people to get their ETF working, then they will do that. This is a company that can literally donate enough to make a person president, they are THAT rich, we are not talking about billions, billions is already big enough, we are talking about trillions here, insane amount of money, a country sized company. So that ETF will happen one way or another.

[Pejoh Asu]

News certainly has an effect on Bitcoin and Cryptocurrencies, now it is easier to get news access so that anyone makes anyone easily panic when hearing negative news, when it panic then the first thing is to sell assets and change to the type of investment that is low in risk.

[ShowOff]

News certainly has an effect on Bitcoin and Cryptocurrencies, now it is easier to get news access so that anyone makes anyone easily panic when hearing negative news, when it panic then the first thing is to sell assets and change to the type of investment that is low in risk.

You're generally right about that, but I don't agree that all the negative and positive news will have a significant impact on the price of crypto. The market reacts unexpectedly, the price may even drop very low just because of the less credible negative news, on the other hand the same thing happens with positive news.

Both negative and positive news can create swings in the crypto price. Demand and supply change so prices are affected by it. However, all of that is only for the short term, meanwhile, if the price drops very deeply, the market will need time to recover as before.

[Rupok]

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.

[doomloop]

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.

I do not think that news is the thing that makes bitcoin price move, I think it's more like reaction to the news and then the snowball impact of the market. When you see it crash so quickly like it did, remember that there are people who long and short futures, and that means that some people will take on their profit, and some people will have their bitcoin turned into USDT just because they were wrong and that means bitcoin sold, and that causes trouble.

Plus, a lot of people have sell orders, so when it goes down, they end up selling it too. When you combine these two together, going down even 1k would have a trouble of going down 4k as well, that's just how it works and we should be a lot more careful about it for sure.

[wmaurik]

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.

[348Judah]

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.

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.