What causes the bitcoin price to go up/down?

[nwahshearthiad]

Maraming ang pwedeng maging dahilan ng pagbaba at pagtaas mg presyo ng bitcoin pero sa tingin ko isa sa mga pangunahing dahilan ay ang kung gaano karami ang mag iinvest dito na magdedetermine gaano kataas ang magiging supply at demand na siyang magiging basehan ng pagbaba at pagtaas ng presyo ng bitcoin, nakapdepende rin ito kung ano ang mas preffered ng mga member na gawin, magbenta o bumili?

[manueleman]

the cause of how bitcoin up price and down is simple,compare na lang natin yan sa isang product sa market(wet or dry)na kapag konti ang supply mataas ang presyo kapag marami naman ang supply mababa presyo also the bitcoin.

[assirlac74]

Cryptocurrencies is increasingly becomes mainstream, especially BTC - where for example in Japan BTC was included within a wallet that was connected to 260k business.
Likewise in China, the causes of bitcoin to go up and down, they have a currency restrictions and monies are being ship out of the country through bitcoin. Its a constant game between regulators and bitcoin holder.