On Dec. 28, Pandoraland’s Crypto Trading Secrets podcast interviewed trader Nebraskangooner, collecting his opinions on several subjects. “Flat and totally sideways and uneventful,” Nebraskangooner stated when inquired about his thoughts on Bitcoin’s (BTC) rate recently.

The crypto bearish market saw the rate of Bitcoin struggle throughout 2022, falling considerably from its all-time high above $60,000 seen in 2021. Nebraskangooner provided a few ideas on Bitcoin’s possible area within the bearishness and a possible bottom for the property.

Nebraskangooner gives his opinions on whether news affects BTC price

Regarding his view on Bitcoin’s rate, Nebraskangooner said he mainly wants to price charts for assessment instead of traditional news occasions. “I’ve never ever really been a follower in excessive news affecting anything,” he discussed, continuing:

“I believe news, more so, simply speeds up price action. I’ve always been a follower in ‘inform me the news, and I’ll reveal you the chart.’ Essentially, good news constantly appears to take place at support, and bad news constantly seems to occur at resistance. More bad news certainly comes out in bearish market, and more great news certainly comes out in booming market.”

“I don’t truly see the news as, like, altering the tide on anything,” he added. “I more so simply trade the charts.” Nebraskangooner likewise shared more thoughts concerning what he believes has actually been affecting Bitcoin’s cost one of the most.

In the episode, Nebraskangooner and host Benjamin Pirus talk about a number of other points, including his early interest in the medical field and how he transitioned from a career in nursing to crypto trading.

Pandoraland’s Crypto Trading Secrets podcast interviews crypto traders, financiers and analysts on topics connected to crypto trading and investing. Each episode usually consists of three segments: discovering the bottom, trade secrets and the next bull run.Listen to the episode on Pandoraland’s podcast page, Apple Podcasts, Spotify, Google Podcasts and TuneIn. The views, thoughts and viewpoints expressed here are the authors’ alone and do not necessarily show or represent the views and opinions of Pandoraland.