Every day we see news about this bank or that country accepting BTC as official currency. All we hear about seems to be people investing and BTC growing as an idea, but why does the price seem unrelated to all this good news? I've been in the red since investing about 8 months ago. I'm going to hodl, but I'm just trying to understand. Is the market being manipulated? Is there a latentency between all this broad adoption and the reflection on BTC's value? Am I just completely misunderstanding this whole thing?
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