Nebraskangooner gives his opinions on whether news affects BTC price

On Dec. 28, Cointelegraph’s Crypto Trading Secrets podcast interviewed dealer Nebraskangooner, gathering his opinions on a number of subjects. “Flat and utterly sideways and uneventful,” Nebraskangooner mentioned when requested about his ideas on Bitcoin’s (BTC) price currently. 

The crypto bear market noticed the price of Bitcoin wrestle all through 2022, falling considerably from its all-time excessive above $60,000 seen in 2021. Nebraskangooner gave a couple of ideas on Bitcoin’s doable location throughout the bear market and a possible backside for the asset.

Regarding his view on Bitcoin’s price, Nebraskangooner mentioned he primarily seems to be to price charts for analysis slightly than mainstream news occasions. “I’ve by no means actually been a believer in an excessive amount of news affecting something,” he defined, persevering with:

“I believe news, extra so, simply accelerates price motion. I’ve at all times been a believer in ‘inform me the news, and I’ll present you the chart.’ Basically, good news at all times appears to occur at assist, and unhealthy news at all times appears to occur at resistance. More unhealthy news clearly comes out in bear markets, and extra good news clearly comes out in bull markets.”

“I don’t actually see the news as, like, altering the tide on something,” he added. “I extra so simply commerce the charts.” Nebraskangooner additionally shared additional ideas relating to what he thinks has been affecting Bitcoin’s price probably the most.

In the episode, Nebraskangooner and host Benjamin Pirus focus on a number of different factors, together with his early curiosity within the medical area and the way he transitioned from a profession in nursing to crypto buying and selling.

Cointelegraph’s Crypto Trading Secrets podcast interviews crypto merchants, traders and analysts on subjects associated to crypto buying and selling and investing. Each episode usually contains three segments: discovering the underside, commerce secrets and techniques and the following bull run.

Listen to the episode on Cointelegraph’s podcast web page, Apple Podcasts, Spotify, Google Podcasts and TuneIn.

The views, ideas and opinions expressed listed below are the authors’ alone and don’t essentially mirror or symbolize the views and opinions of Cointelegraph.

Leave a Comment