what could cause bitcoin prices to go up and down?

[Yakamoto]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

There's a lot of things that affect the price of Bitcoin, things like news from various media sources, reputable or not, will often cause the price to move a lot even if there are rumblings of something happening to one of the alpha markets for Bitcoin. Hell, people were saying that China was banning Bitcoin when it was one banning ICOs and it most likely came down to a translation error in someone's article. There's also whale manipulation which is going to make the price move dramatically, and more often than not market movements can be attributed to some kind of manipulation. There's also the normal supply and demand that affects the market, and that was probably one of the driving forces over the most recent price spike.

[Destroyeroff98]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

The price of Bitcoin is influenced by the policies of many countries. For example, some countries prohibit Bitcoin.
Also, the price of Bitcoin is influenced by other cryptocurrencies.

[Irvinn]

First, we are expecting the end of this month, when, supposedly, South Korea should cancel its partial restrictions on the circulation of the crypto currency. According to the existing opinion, it was this negative information that led to a significant drop in bitcoin. Secondly, probably everyone knows that bitcoin has big problems with scalability and transactions, which massively hang for a few weeks, and commission fees have increased too much and become exorbitant. This problem has become so great that investors refuse to invest in bitcoin and select different species of altcoyins. In addition, in December last year, bitcoin clearly showed its nature as a financial bubble, and this also scares people and the state as a whole.

[00DKM@]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

According to analysts' analysis, bitcoin prices have recently fallen due to the sale of bitcoins by the big guys, to settle short-term deals on the exchange (CBOE and CME). And recently, Chinese and Korean market rumors have banned the domestic bitcoin trade, although these two markets have little impact on bitcoin prices, but also contributed to lower bitcoin prices. But then the Korean government rejected rumors of a ban on bitcoin trading. Today bitcoin prices have increased again. Please rest assured about the bitcoin price. Please analyze carefully before investing.

[vincentbeth934]

High Demand = Prices Go up. What causes this is when there is good news for Bitcoin's further growth.

Low Demand = Prices Go down. This is currently happening since there is no good news about Bitcoin's future growth.

[bjjobg55206]

This is the most important is all countries' regulatory policies.
Whether the exchange's tokens have been stolen may affect investor confidence.
When futures are delivered, most of the time there will be a big drop or rise.

investor confidence also affects bitcoin prices, in my opinion only state policies that have a strong economy like china, korea that affect the price of bitcoin

One of the main attractions of bitcoin as a payment mechanism is its low transaction cost, or at least it used to be.
However, the situation has changed recently, especially as bitcoin prices soar.

[kodtycoon]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

It's all about news and also FUD Bad news about bitcoin can cause prices to fall too deep, maybe you've heard the tilting news during MTgox as well a country that banned bitcoin.
The good news that makes bitcoin prices soar and maybe you've heard that Japan has received full cryptocurrency or about the emergence of a new hardfork that can make bitcoin up.

[eaLiTy]

My observation of bitcoin, bitcoin prices will rise high if it will happen hardfork only, because in the year 2017 the appearance of bitcoin cash, bitcoin dold and bitcoin diamond and the price rose more than 1000%, this is just my opinion

• If you are following the news carefully ,hardfork is not the main reason for this big rally we had last year, the real reason is,because million are invested in bitcoin by wall street and other financial fund houses and that is simply because of CME and CBOE and these are the worlds biggest derivative exchanges and when they planned to accept bitcoin derivatives the price just went through the roof.
  
• Like every market the price of bitcoin depends upon demand and supply ,if there are more buyers than sellers the market will move up and if there are more sellers the market goes down as simple as that.

[xiaowu55]

I think there are only a few government policies.
Consider, for example, the legality of bitcoin transactions.
Or banning bitcoin transactions and so on.

[hurriebra49]

There is no singular cause but like any other good or stock the value of bitcoin fluctuates because of the variable demand, the cause of bitcoin is to transfer money from one to the other place in a decentralized system, the more need for that though bitcoin , the greater its value

[renata.tuncha@ex.ua]

I think it will depend on the demand and also the economy and political situation in countries where it is allowed. But I think investments are much better than btc. I found a really good project - Socrates.  It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies, so any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. So it is better to invest there and not buying bitcoin.

[putriangel]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

Bitcoin prices rise and fall because of the new people who invest and feel panic in the end they sell and get a loss, maybe that's one example for many reasons why bitcoin prices can go up or down. And it could also be because someone is manipulating bitcoin prices although it certainly will not be much worth it because it would be difficult to manipulate bitcoin prices.

[casternetwork]

Your ways and ideas are great, we must always learn to better understand the effect of bitcoin market movement, if I think the most affect the bitcoin price is one of them terita bad news and good news, because bad news that happened can reduce the price of bitcoin and also otherwise if there is good news bitcoin enthusiasts directly added buyers and it affects the price rises.

My observation of bitcoin, bitcoin prices will rise high if it will happen hardfork only, because in the year 2017 the appearance of bitcoin cash, bitcoin dold and bitcoin diamond and the price rose more than 1000%, this is just my opinion

That is one reason why Bitcoin prices have risen. But most Bitcoin prices are boosted by the news as some countries accept Bitcoin or large companies wanting to use blockchain technology for their companies.

[piterpie]

Bitcoin prices increase thanks to FOMO or positive news to Bitcoin in the world. But I think the only reason that Bitcoin prices increase is that of the increased demand buy Bitcoin by investors. The number of sellers less than the buyers will certainly increase

[bellamente]

The growth of the bitcoin price is affected only by the wishes of billionaires. They skillfully manipulate the cryptocurrency market to make money.

The more people invest in bitcoin, the more stable the price will be

[lesekara2018]

Its just because of the value people place on it

[rez303]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

The price of Bitcoin is influenced by the policies of many countries. For example, some countries prohibit Bitcoin.
Also, the price of Bitcoin is influenced by other cryptocurrencies.

Bitcoin is never affected by other cryptocurrencies. Bitcoin is currently controlling the price of altcoin. If you keep track of the market price in the past few months, you may notice that when Bitcoin prices drop, Altcoin prices will also fall.

[bitbunnny]

I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again 

There's a lot of things that affect the price of Bitcoin, things like news from various media sources, reputable or not, will often cause the price to move a lot even if there are rumblings of something happening to one of the alpha markets for Bitcoin. Hell, people were saying that China was banning Bitcoin when it was one banning ICOs and it most likely came down to a translation error in someone's article. There's also whale manipulation which is going to make the price move dramatically, and more often than not market movements can be attributed to some kind of manipulation. There's also the normal supply and demand that affects the market, and that was probably one of the driving forces over the most recent price spike.

I would say that different media news don't influence Bitcoin price significantly or at least not at long term. As well as some political news in different countries.
Those news in media or social networks are able to make some mess on the market but still the greates influence on price have the demand and supply.

[pixie85]

High Demand = Prices Go up. What causes this is when there is good news for Bitcoin's further growth.

Low Demand = Prices Go down. This is currently happening since there is no good news about Bitcoin's future growth.

This is what it ultimately comes down to. There are many factors among which we have news, acceptance, popularity, legislation, the corresponding value of fiat currencies, but in the end they increase the demand and the demand increases the price.
You're only wrong in one thing. We don't have a low demand. Bitcoin gained 30% because it's high and increasing every day but the prices need some time to keep up.

[Adeforever]

Its demand and supply that affects the price of the bitcoin.