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RE: Biggest news of the year and Bitcoin hardly reacts

in #crypto6 years ago

I think my biggest take away from this is that news isn't really moving prices like we think it is.

I keep trying to say this. Whenever there is a big price movement there is always a piece of news that people just assume caused the shift.

However, when the price doesn't move and news just keeps coming out left and right no one seems to notice.

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It is most likely large OTC orders dictating direction.