What's the reason why BTC rise or decline?

[AllenAllenAllen]

  As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

[1713491984]

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[1713491984]

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[1713491984]

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[soham]

Any asset including bitcoin, usually increase or decrease based on the demand supply ideology. While other assets are strictly monitored and controlled by a regulatory authority, bitcoin is not regulated by anyone. It is mostly the raw reflection of public sentiment worldwide. Bitcoin supply is limited, so if the demand stays robust, investors will be willing to pay more for a bitcoin and that increases the price. Now if some big investors start booking their profit by selling in heavy amounts, that increases the supply in the market but demand stays the same. So that decreases the price. That's the basic method.

Bitcoin price is increasing because some big corporate companies have announced their adoption plan. SO people in crypto community are now bullish about it and they are accumulating heavily. If you check the market cap growth, you will understand that. This positive vibes around the market is keeping the bitcoin price high and rising.

[Rabiulawal12]

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

There is only so much Bitcoin that will ever exist, every day less and less bitcoins are being “mined”. Unarguably, bitcoin is very popular, which creates more demand for it. The supply however, is limited. That's were the basic principles of Supply and Demand come on.

You want a bitcoin, I want a bitcoin, and someone else wants a bitcoin, but there is only 1 bitcoin. Which means that in order for you to get that bitcoin you need to pay more than me and the other person that wants a Bitcoin. There is more demand than available supply.

[haileysantos95]

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

There are now many companies that are joining bitcoin and investing a lot of money into crypto currency, chinese government ban bitcoin exchanges in their country and miners are having a hard time, demand for bitcoin has drastically been increasing as of now.

[SyGambler]

it's because of the demand , maybe not for bitcoin itself but it's obvious that crypto has gone popular these days
you can't get crypto currencies unless you have bitcoin first , which leads to big demand for bitcoin

also there is the greed factor , people these days are keep hearing that bitcoin is going up everyday and of course people want to make money so they jump in 

[wanderloy]

Traders and Big whales are the responsible for pumping and dumping Bitcoin and the other reason would be Bitcoin low supply and people want to buy it then the demand is very high so that's what Bitcoin become the only intangible Gem of the internet that is more very rare and very expensive.

[DannaWonder]

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

It is just a simple example of the law of supply and demand, once the demand goes high you need to have more supply but since bitcoin has a finite supply the the price will go high to meet those demands.

[bitterguy28]

the reason bitcoin rise or decline the price its because thats is the part of currency movement, if the volume of demands goes high also the will price increase, if the demand are down the price decline, i think the reason of bitcoin movement in the marketcap.

[ir.hn]

This post explains the rise and future fall of bitcoin
https://bitcointalk.org/index.php?topic=2530391.0

[jvdp]

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

Bitcoin demand is increasing in all the country. Most of the companies and competitors are like to invest in Bitcoin. So demands are increasing day by day this also one of the reason to increasing the Bitcoin value.
It is decentralised cryptocurrency so no restriction, controlling and monitoring the asset. This is more secured and easy to handle in anywhere.

[AngeloMike]

The price is manipulated by koreans exchanges, this is a closed bitcoin circuit and pumping bot in a closed yard.
A small country with an average GDP makes 70% of the turnover of all exchanges for btc, yeah sure.

[Twentyonepaylots]

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

The increase and decrease of the value of bitcoin is due to the demand for it and the number of investments on it, so basically if the demand for it is high the value increases and if the demand for it is low the value also decreases.

[whitemacna]

There is only so much Bitcoin that will ever exist, every day less and less bitcoins are being “mined”. Unarguably, bitcoin is very popular, which creates more demand for it. The supply however, is limited. That's were the basic principles of Supply and Demand come on.it's because of the demand , maybe not for bitcoin itself but it's obvious that crypto has gone popular these daysyou can't get crypto currencies unless you have bitcoin first , which leads to big demand for bitcoin

[TERA2]

bids and offers on exchanges, as well as offline transactions

[ransow72]

While Bitcoin is over use,Even if their need increases,Their price will be fluctuating.

[batang_bitcoin]

bids and offers on exchanges, as well as offline transactions

Offline transactions? How can it be done if it's offline? or you mean the peer to peer transactions? Buy and sell orders are the ones that are affecting the price, when there are too many people that bought bitcoin then that will fluctuate positively and when there are too many traders who will sell their bitcoins then that will result to the price decrease. Just apply the law of supply and demand.

[TERA2]

Private puchases off of exchanges which either utilize or not utilize the blockchain - for instance I hand you my trezor.

[LightNestling]

I think the sudden movements of bitcoin is due to its ever increasing demand. More people are investing to bitcoin right now which makes bitcoin in demand further increasing its price in the market.

[shinjunobi09]

Many more people are getting interested and are now entertaining the use of bitcoin in their compant because now they see the full potential of bitcoin which can benefit and take as advantage in the business industry especially when they see that value of bitcoin  on the rise as compared to the previous year.

[gabmen]

Well can all observe how btc has penetrated mainstream news nowadays and that brings awareness to people. Popularity brings demand and the more people wanting to buy in, the higher the price gets. Then these same people who rashly bought due to trends panic when they see a little dip.