Good news= up in price while bad news = down in price.

[Marvelockg]

Their had been speculations prior to now when the price of Bitcoin was revolving around $39k to $42k that any moment from that time the market was going to be very bullish for Bitcoin and and so many persons didn't take advantage of the opportunity to buy at that time because they probably didn't know the factors that contribute to the hike in the value of Bitcoin and to be honest, i didn't take it seriously until now that bitcoin has gained as high as $63k and still climbing and then it makes more sense to me to look at what factors are actually responsible for the gain in the value of bitcoin and the summery of my finding is that; when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

It's actually a basic economic concept that once a particular commodity gains popularity and the demand becomes high on the commodity, the price normally goes up and if their is any bad news about a particular commodity it's always normal that the price will come down and I guess this is what happens with bitcoin considering it finit supply. With the ETF approval and wide range of adoption from different part of the globe, they've all contributed to the commulative good news that has made Bitcoin to reach the new ATH in many currencies and with the increasing rate of popularity Bitcoin has recently been constantly gaining due to it consistent stability and increase, It won't be supprisng if this bullish circle goes as high as $120k and I still feel its still not too bullish to continue accumulating and adding more holding to our portfolio cause its BTC o'clock.

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[tranthidung]

when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

It does not necessary to be always like this.

Sometimes people will interpret good things from news as bad ones especially in a bear market. Good news in a bear market can not create any positive effect on price at all.

Oppositely, in a bull market, bad news sometimes will be ignored and has no negative effects or very little negative effects on price.

Generally, in bull market, good news will be amplify a lot and in bear market bad news will be amplify a lot as well.

[Dunamisx]

when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

Good news or bad news is not what makes the bitcoin market goes up or down, base on what you wrote am giving this interpretation, if on the other side is what you meant, then people will always sees it as a good news whenever the market is rising and a bad news when the market is falling, if you're into business, you cant afford in seeing that you're loosing and still cant do anything about it, some will also be happy seeing the market falling base on the leverage position they have taken on future trades, while other investors are praying that the market should rise.

[bitzizzix]

The absolute factors that cause price fluctuations are only supply and demand and this happens because several factors, both good news and good news, will indeed influence Bitcoin price movements. And the bad news makes them panic and sell, and vice versa. And there is also because some people or investors take advantage because they already have big profits, and what must be remembered is that Bitcoin is treated in various ways for trading, short and medium term and this can also affect the price of Bitcoin.
And what happens is a normal thing that cannot be separated from these things that can influence the price of Bitcoin, and the most important thing is that we have a target, plan and strategy to be able to make a profit. So don't let what happens affect the plans, targets and strategies you have determined. The safest option of all is to do a long term strategy because like this you don't care about what happens. And just wait until the highest price comes and that is the right time according to you, even if it takes a very long time.

[jrrsparkles]

News is nothing but shit, you can see people claiming Bitcoin is gonna break 100K and at the same time someone might say the bubble will burst soon so how can you find who can be right?

Reality is no one can predict the future outcomes and they are whistling for some reasons which mostly for their benefits so try to avoid the speculation news when you are an investor but for a trader every news can be useful.

[Nrcewker]

Yes, some positive news do affect the price, but it doesn’t work always like that. The price of the coin mostly depends on the users. You need to understand that the supply of Bitcoins are fixed or limited. Hence when more people try to buy the coins, it increases the demand. Hence in order to fulfil the demand the price goes up and the reverse also happens many time. This mostly happens, when people heard about the good news and starts buying it.

[OgNasty]

Ever since the insane response to the 9/11 attacks by massively lowering rates, the people in control have been addicted to printing money and tossing it to their friends.  We saw the response to 9/11 cause the housing boom, which resulted in the bust that led to more insane stimulus from 2008-2012, then as that money started to dry up they tossed the pandemic out there in 2020 to print the mother of all stimulus packages.  As things begin to normalize from that nonsense, we're now seeing a massive push in the name of global warming which could potentially even dwarf the amount of money printed during the pandemic.  So everyone is now aware that bad news brings opportunities for investment and in the end it's the currency that will be debased as a result.  That's bullish for everything denominated in dollars.

[Franctoshi]

During the yesterday's price flush after that Bitcoin reclaimed the $69k ATH price level, there was a lot of sell pressure coming in that zone, after the second to the last 1-hour candle that kissed ATH attempted to break the 69k resistance but failed, and now for the price to break that level, It needs to gather a lot of momentum of buy orders in order to smash that level of resistance which, I think, is the current situation with Bitcoin and if you check, we didn't close below the daily support level, Bitcoin got bought up and closed with a nice candle wick above the support level, which is a sign of strength.

[kentrolla]

Rather w should say the value of Bitcoin fluctuates based on demand and supply wherein good news creates more demand as more people will buy expecting to gain from it and similarly bad news creates panic for example any news related to things going against Bitcoin like government trying to ban Bitcoin which sends negative wave as users will afraid losing it which triggers massive selling leading to increase in supply resulting in drop in value.

[hatshepsut93]

it makes more sense to me to look at what factors are actually responsible for the gain in the value of bitcoin and the summery of my finding is that; when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

My observation is that in bull market positive news easily influence the price, while negative news could only cause very small and short-lived fall or even have no effect at all. But then it reverses in bear market and positive news can no longer drive the price up while bad news bring the price lower and lower. I think it's because traders are just waiting for trigger events that coincide with the current market trend, while disregarding the actual fundamental implications of the news, which they typically don't even have.

[Yaunfitda]

It's actually a basic economic concept that once a particular commodity gains popularity and the demand becomes high on the commodity, the price normally goes up and if their is any bad news about a particular commodity it's always normal that the price will come down and I guess this is what happens with bitcoin considering it finit supply. With the ETF approval and wide range of adoption from different part of the globe, they've all contributed to the commulative good news that has made Bitcoin to reach the new ATH in many currencies and with the increasing rate of popularity Bitcoin has recently been constantly gaining due to it consistent stability and increase, It won't be supprisng if this bullish circle goes as high as $120k and I still feel its still not too bullish to continue accumulating and adding more holding to our portfolio cause its BTC o'clock.

Yes, it's the basic tenant of law of supply and demand, but we all know that after the halving, availability of Bitcoin is decreasing and so everyone, from whales and institutions to retail investors, we are going to fight it out. With that, supply is low demand is high, prices is going to skyrocket. We already reach new all time high though, but the game has just started. Yes we feel happy and proud seeing our portfolio increasing, thus paper profit if you don't sell. But we all know that the real all time high is very far. We might be looking at the entry level of $100k this year. And in 2025, going to be massive like $150k or higher. Yes, you can still accumulate even in this bull run, the profit margin might not be as big, but still, profit is still a profit no matter how big or small it is in Bitcoin.

[Fatunad]

when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

It does not necessary to be always like this.

Sometimes people will interpret good things from news as bad ones especially in a bear market. Good news in a bear market can not create any positive effect on price at all.

Oppositely, in a bull market, bad news sometimes will be ignored and has no negative effects or very little negative effects on price.

Generally, in bull market, good news will be amplify a lot and in bear market bad news will be amplify a lot as well.

Yes, this is something that people should really be considering that not all good news would really be giving out that significant effect on the market and not all bad news would be doing the same.
It would really be just that depending on several factors because there are news which doesnt give out any impact and  there are even moments that even if there's no news the price is really neither that pumping or crashing. This is what makes this market totally unpredictable and totally that hard to deal off with and this what makes that tons of people do fail up.

Whenever you are really that focusing into fundamentals then you should really be that wary whether it could be that negative or positive impact on the market.
You should really that attentive whether you would be making out some positioning or take profits or whatever actions you would be doing.
Its up to you whether you do make out such act or not.

[ajiz138]

The positive news and bad news can affect the price and it can even become a trend for people to see the price in the market.

Good news = it is clear that the price will rise because people's confidence will increase in bitcoin even buying pressure will increase especially with some institutions now more involved in bitcoin, does it not affect the price? It will definitely lead to a positive trend.

Bad news = that's how it happens when the market bears? Do you still remember where the FTX and Luna market crashes? The market collapsed the price fell, if even now Binance goes bankrupt the price will definitely fall because many will be liquidated.

[davis196]

The market price is driven by supply and demand, not by news. I agree that some news have short term impact over the demand, but that doesn't change anything in the long term. Nowadays, the optimism around Bitcoin is thru the roof. We've all been there. People back in 2017 were predicting 500K or 1M Bitcoin price. People back in 2021 were predicting a 250K price. The BTC price crashed back then and the bear markets back in 2018 and 2022 were a thing. I'm sure that there will be another big price crash, but I'm not sure when and at what price.
The best time for a price crash is when there's too much optimism on the markets. This is the best time to sell, because many traders think that the price will keep going up, so they will buy without hesitation.

[JoyMarsha]

it makes more sense to me to look at what factors are actually responsible for the gain in the value of bitcoin and the summery of my finding is that; when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

My observation is that in bull market positive news easily influence the price, while negative news could only cause very small and short-lived fall or even have no effect at all. But then it reverses in bear market and positive news can no longer drive the price up while bad news bring the price lower and lower. I think it's because traders are just waiting for trigger events that coincide with the current market trend, while disregarding the actual fundamental implications of the news, which they typically don't even have.

Rightly said. The good news and bad news do affect the crypto market and whenever it is said, you will see the crypto market reacting to it according to the market status ''bull run or bearish market''.

The bull run is known as a positive year of bitcoin while the bearish market is known as a negative one. Imagine whenever one of the news is said at a bearish or bull run market.

[darkangel11]

So what happens if there's no news? We had such period with news of very low importance to the ecosystem, but bitcoin kept going up, or down.
Also, we don't need news to experience price change. In 2021 when we broke down from the ATH, there was no bad news. The market was simply exhausted by the bull market, people lost confidence that it would go any higher, took home their 300% profit from the last all time high and the price fell.
I feel like cycles, halvings, real demand from institutions is what really drives the markets. News are only an accelerant.

[aoluain]

it makes more sense to me to look at what factors are actually responsible for the gain in the value of bitcoin and the summery of my finding is that; when there is good news, bitcoin value goes up and when thier is bad news it value comes down.  

My observation is that in bull market positive news easily influence the price, while negative news could only cause very small and short-lived fall or even have no effect at all. But then it reverses in bear market and positive news can no longer drive the price up while bad news bring the price lower and lower. I think it's because traders are just waiting for trigger events that coincide with the current market trend, while disregarding the actual fundamental implications of the news, which they typically don't even have.

Rightly said. The good news and bad news do affect the crypto market and whenever it is said, you will see the crypto market reacting to it according to the market status ''bull run or bearish market''.

The bull run is known as a positive year of bitcoin while the bearish market is known as a negative one. Imagine whenever one of the news is said at a bearish or bull run market.

We could also say that Bitcoin traders will  react to good and bad news events and
announcements which in turn will affect the market. Sometimes the opposite
happens, we have seen it recently with the ETF approvals, the markets didnt react
as everyone expected. We have all heard the phrase "Buy the hype, sell the news'

Also there will be groups of people who will react to the markets and 'influencers'
with either FUD or FOMO based on bad or good news.

Bitcoin itself doesnt care about news, its the perceptions and reactions of people
who shape the markets.

[Jating]

It's not always the case in my opinion, there could be negative news that will not affect the market, like when there was a case against CZ by US SEC and they require him to pay in billions.

https://www.coindesk.com/policy/2024/03/05/binanceus-not-being-totally-forthcoming-sec-complains-in-new-filing/

But still even if this is a negative news for us, as Binance is the top exchange right now, it didn't have any impact to the price. Instead it goes on a parabolic rise and then we hit all time high again and again. Of course, there is the FTX collapse like 2 years ago that really put the price in a downward spiral, but that news come up during the worst bear cycle. So it's up to what cycle we are in as well to consider negative news that can affect the price in a negative way.

[goaldigger]

when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

This is not new in cryptomarket as many are hyping this and also creating FUD at the same time, just to manipulate the market.

Many says if there's a news sell, and this is proven already. If you will panic, you'll lose for sure but if you will remain focus with your goals, these noise will not bother you anymore and you will just look at the positive side.

I see many are panicking if there's a price correction where it is inevitable in the first place, if there's a bad news better not to react easily and just assess your holdings if you can afford that panic and just ignore it.

[Dailyscript]

when there is good news, bitcoin value goes up and when thier is bad news it value comes down.   

Obviously, you are not investing in bitcoin, which is why you are saying this. At any point in time, whether bear season or bull season. There are investors who are happy, and there are also investors who are feeling sad. Let me make sure you understand this very well. If there is a bear season,. The price starts dipping and dips so bad. Some investors are so happy that the price is falling; they like buying at the dips knowing that for sure the price will be back and much higher. Don't you know if it were possible for Bitcoin to dip up to 5k There are people who will give testimony because they are dying to buy at least a whole bitcoin.

On the other hand, if bitcoin price goes up there are investors as well who are regretting that they didn't do well at the dip, so they feel so sad because they don't have anything in their portfolio, so they start wishing that the price stops going up instead it should come down so that they can buy.