Why BTC value is growing day by day ?

[reda]

The price of Bitcoin is continuously increasing due to the upcoming launch of Chicago Mercantile Exchange, which affects the hedge funds and increasing the price of Bitcoin.

Bitcoin price is going high day by day and its now available almost in many part of the world and last year bitcoin did a record business also some rich countries and companies have accepted bitcoin and even some banks have also accepted bitcoin there are a lot of people who are investing in bitcoin with millions so these kind of things make bitcoin more valuable and still it’s going more valuable because bitcoin is the only currency which is very good then any currency.

Bitcoin is good for the future investment and improve business process. Most of the people growth for the future. So people will be hold the bitcoin for some future purposs. So that the reson for increas the bitcoin prices. If will release the coin it will go down some time. So you will check the pricess day by day. It will helpful to you for plan to work and process.

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[applenap]

The main reason why this is happening is because the launching of Chicago Mercantile Exchange is near and the hedge fund is getting short and long in the changes.

[Washball]

Bitcoin price has rocketed last year December because the whales have invested heavily and the demand is still growing. This high price has attracted the mainstream, which caused the price to go up even higher. Now there's a price correction and it looks hard for bitcoin to reach the 20K again. The point is that the high price is also scaring of small investors, many people do not know you don't have to buy one whole Bitcoin, that you can also buy part of it.

[vectorshield]

More people are adopting bitcoin by the day, despite the issues that bitcoin had and still has with the fees I think we are very close to get it solved and when that happens we are going to get a huge price increase.

[Saveplus]

Many people engage in bitcoin ,users and investors are growing rapidly so thats why its affects the price day by day .A huge price value of bitcoin  change rapidly and increase more due to the investors who invest on it.People are open minded now in cryptocurrency so thats why they keep on investing on it and trust on bitcoin for the main reason of increasing.

[Uno17]

When bitcoin started, when it was not popularized yet, of course only few started and supported it, so obviously the price was so low and affordable but nowadays, many have known it, many have supported and patronizing it, so the demands grew faster and bigger, therefore the price of bitcoin keeps growing due to its demands, and hopefully it wont stop pumping😃

[chefbauer]

Because a lot of people are joining the market right now, they do not want to be late to the party, that is the only reason of why the price is always going to go up, but at the moment the opposite is happening, lmao, let's just wait for another good new.

[lance04]

Bitcoin value is always growing day by day because bitcoin users invest more in it and they encourages others to invest in bitcoin. We all know that bitcoin is the fastest growing cryptocurrency now in the whole cyber world and bitcoin is so in demand now in the whole world because many uses it, that's why the value of bitcoin always increases and it is the fastest growing cryptocurrency.

[Smi]

Because of supply and demand, it is simple as that, if a lot of people  starts to invest in bitcoin, the price will go up, if they all sell, the price will inmediately go down at that moment, it is exactly what it is happening right now (going down, like hell, lmao)

Well that was  North Koreas fault tbh

[Jombrangs]

Bitcoin doesn't have an exact price. It goes up in a minute then it goes down in a second. The reason of it is the people investing in bitcoins. As they invest, the bitcoin goes high. Lack of investors makes the bitcoin go low.

[sasaku bitbit]

Perhaps this is related to the price value of bitcoin who have erratic price then we can not predict when the price value of btc could grow in every second then it's a lot of people want to invest into the btc because if it happens it will be a growth occurs the profit doubled that obtained for the holder of the bitcoin, but it will also influence the existence of market demand is basically

[pinggoki]

Because of supply and demand, it is simple as that, if a lot of people  starts to invest in bitcoin, the price will go up, if they all sell, the price will inmediately go down at that moment, it is exactly what it is happening right now (going down, like hell, lmao)

Indeed, in the simpliest answer it is just because of supply and demand. As the time passing by bitcoin becomes more popular and lately it is being used in any kind of transaction whether oline or offline. Folks are tend to used this currency just because they have been seen the capability of this what we called bitcoin.

[Boybugwal760820]

So if you'll gonna ask me why bitcoin is growing day by day then I could tell you the reason is that bitcoin is a widely accepted form of payment now in which you can be able to transfer or receive bitcoin as a payment in any part of the world much more faster than a bank can do in complete secrecy that only you is the only one who knows about the transaction.

[idex100]

The main drive for the continuous upward trend in the price of bitcoin in the future (not at the current market bearish trend) is as a result of the growing adoption and also because bitcoin has a fixed quantity.Less than 0.3 percent of the world population currently use bitcoin as a means of payment or as an investment class.Imagine what will happen to the price when 10 percent of the world use bitcoin?

[nightfury]

It's because bitcoin is so popular already that is why more and more people are investing on it which exactly means that the demand of people are also getting high. But there is also a time when bitcoin goes down and that's when people are selling off their bitcoin holdings.

[Boysisig207608]

So if you wonder why BTC value is growing day by day it is because bitcoin has the most users using it day by day transferring and receiving money to any part in the world and it is the most trusted cryptocurrencies of all that's why every day more and more investors are investing their money in bitcoin.

[BUK2016]

So many factors could be attributed to the fact that bitcoin growth on daily basis. Some of the reason could be the fact that new investors are coming into the bitcoin community and other factor could be as a result of positive news in favour of bitcoin and crypto currency in general.

[Altas]

So many factors could be attributed to the fact that bitcoin growth on daily basis. Some of the reason could be the fact that new investors are coming into the bitcoin community and other factor could be as a result of positive news in favour of bitcoin and crypto currency in general.

The growth of bitcoin happening with time is quite a common thing, as more new users get into the community the need for it increases with the supply getting limited. This causes the asset to be more valued, another thing most of the time the growth happens in a stable manner with minor corrections which is purely upon the market. There are assets which are under manipulation, but btc is the exception.

[btcbabhh]

The reason behind why the value of bitcoin grows day by day is they execute a excellent performance in the public market; where in many demands they receive which pull the price going up. It is a wonderful outcome because it is proof of their excellence.

[pealr12]

Bitcoins value is growing day by day because the demand of it is increasing everyday and if theres no fud  that circulates around the social sites bitcoin price will be so high.