what could cause bitcoin prices to go up and down?

[Lydiaglo]

Purchasing power has always been the main reason for the impact of cryptocurrency prices, and these purchasing power is often affected by the outside world, such as news, hackers!

I don’t think that only purchasing power is the reason for ups and downs; there are so many other factors which affect price of bitcoin. Due to whales price will not always increase because when they want to buy bitcoin, the price would drop and when they want to sell the price will go up. Trust is also an important factor for up and down of bitcoin price.

[pinoyden]

Purchasing power has always been the main reason for the impact of cryptocurrency prices, and these purchasing power is often affected by the outside world, such as news, hackers!

I don’t think that only purchasing power is the reason for ups and downs; there are so many other factors which affect price of bitcoin. Due to whales price will not always increase because when they want to buy bitcoin, the price would drop and when they want to sell the price will go up. Trust is also an important factor for up and down of bitcoin price.

thats right bro . there are alot of factors that affects the price of cryptos but whales are the major one that makes the price move . whales can decide on whether they will dump or pump the market  and we cannot do any predictions not unless you are connected to them or you do have a whale friend . up and down is not really an issue at all because all of us do have their own advantages and disadvantages depending on the current  market situation .

[KenChanYu]

Purchasing power has always been the main reason for the impact of cryptocurrency prices, and these purchasing power is often affected by the outside world, such as news, hackers!

I don’t think that only purchasing power is the reason for ups and downs; there are so many other factors which affect price of bitcoin. Due to whales price will not always increase because when they want to buy bitcoin, the price would drop and when they want to sell the price will go up. Trust is also an important factor for up and down of bitcoin price.

thats right bro . there are alot of factors that affects the price of cryptos but whales are the major one that makes the price move . whales can decide on whether they will dump or pump the market  and we cannot do any predictions not unless you are connected to them or you do have a whale friend . up and down is not really an issue at all because all of us do have their own advantages and disadvantages depending on the current  market situation .

   Market volatility accord to the erratic cycle and in demand rate. The unequalties of downtrend and uptrend was manipulated by the whales. Downtrend was taking more years than the uptrend. Consequently, there are a lot of factor that caused the fluctuant prices as well the bearish market. It depend on how high the demand manufacture in the world of crypto and on how the whales manipulate it. But only Hope and trust are the method to gain the great thrives we aim.

[bharal07]

Maybe because they do not care for it, it's been monitored so the price of bitcoin decreases, because it still needs to monitor the bitcoin rate to keep its price high.

[Impulseboy]

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.

Does this mean that the price of bitcoin depends on the cost of foreign exchange? If this is the case, then do you think that cryptocurrency will always depend on the stock market and/or fiat?

[loverets45]

I think that makes the price of bitcoin has an up and down price movement occurs because of the influence of total supply which is very limited and the influence of very high demand so that this bitcoin price has an up and down movement, you must be able to use such moments to be able benefit.

In my opinion it is not only due to minimum supply but also the low demand from all over the world. Many investors lost their money in the last several months because of the price collapse, so they withdraw their money or converted to Altcoin. This is the main cause that the price of bitcoin fell down. Now the trend is changing and hopes that the price will rise again.

[MarchToke]

News that is spreading good and bad news about bitcoin including crypto events can be the reason behind the roller coaster ride of bitcoin and the rest of cryptocurrencies. The demand of the people can also be the reason behind it too.

[hannahboy]

I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The news can cause bitcoin prices to go up and down, and we already know this. We know that much bad news comes out in this year, and it makes the price can increase and even it still down. But soon, people will realize that the bad news will only make them get panic, and they cannot hold their bitcoin for a longer time. And they will stay calm if there is any bad news that comes out because they know that this can give a bad effect to the price, so it is better to be patient for a while.

I my self visit those pages, groups and talk on reedit before investing my money in bitcoins. By hearing the news we can absorb when will price up and when it go down.

Demand and supply affects the price. When the investment ratio increases the price also increases and when demand reduces price also reduces. Market manipulation also affects the price and it is the big problem for investors and for bitcoin as well. Crypto market is controlled by some big investors and that is also the main reason of ups and downs in the price.

[Btcmaeng18]

News is the biggest thing in crypto world which affects the prices mostly, if there is a bad news the price will dropped because people starts selling the coin, if there is a good news then price starts rising because people started buying it blindly. Thats how the prices go up and down.

Yes you have a point but for me. People or the users are the one who cause bitcoin price. Because I think if Bitcoin has a many users then it has a good price but if it has few users then it has a poor price.

[trako]

no one buys a large amount. or supply-demand is not at the expected level. The fact that the market is stagnant does not attract investors' attention. We need big waves.

[bintangkejoraku]

it is very difficult to determine when the price of bitcoin will go down and up, you just need to buy at low prices then hold it until the price rises very high. bitcoin is a long-term investment.

[Keyboard PC]

what makes bitcoin have a movement like this is of course the influence of bitcoin demand and total supply and from some good bitcoin news that makes bitcoin have this price movement and you must be able to take advantage of moments like this to grow assets that you have, don't be afraid if the price collapsed because this bitcoin has a very limited supply which makes the price of bitcoin can recover and become expensive again.

[Barcode_]

no one buys a large amount. or supply-demand is not at the expected level. The fact that the market is stagnant does not attract investors' attention. We need big waves.

The trading volumes of bitcoin have definitely decreased by a huge amount for the past few weeks, and the whole crypto-currencies trading market have also seems to reach a stagnant level at this moment, I am also starting to get bored by looking at the trading chart on bitcoin prices for the past few weeks as there is no signs of huge price movement happening, I guess this might be a good time for me to take a short break from bitcoin trading until the trading market starts to show strong signals of price recovery on bitcoin again.

[drachman]

I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The limit in amount of coins is probably one of the most important factors when it comes to the value bitcoin, because if there was not such a limit I know that I will not be holding bitcoin because that will mean that an unlimited amount of coins is going to exist, fortunately for us satoshi understood that in order for something to become valuable it needs to be scarce as well.

[mornabo]

I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The news can cause bitcoin prices to go up and down, and we already know this. We know that much bad news comes out in this year, and it makes the price can increase and even it still down. But soon, people will realize that the bad news will only make them get panic, and they cannot hold their bitcoin for a longer time. And they will stay calm if there is any bad news that comes out because they know that this can give a bad effect to the price, so it is better to be patient for a while.

I my self visit those pages, groups and talk on reedit before investing my money in bitcoins. By hearing the news we can absorb when will price up and when it go down.

not only news circulating on the internet but also circulating in offline and not only news that affects market demand, but also ifluencer speculation, government policy, and there are many other aspects that affect prices on the market, that's why before buying you also have to know and analyzing existing information and news first

[kwakufavour]

According to Fundamental Analysis of trading, news being good or bad around the world affects the price of a stock or commodity. When people hear good news, they become happy and bad news the other way round. Many factors bring about good and bad news which tend to affect the prices to go up and down. Not also forgetting about demand and supply of something. The higher the demand, the higher the price and vice versa.

[Bagaji]

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 

You are saying Bitcoin market value has drop maybe because you bought its value was high. The factors that may lead to up and down movement of Bitcoin and other altcoins value ranges the force's of demand and supply.

[Ansdaoust6]

I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The news can cause bitcoin prices to go up and down, and we already know this. We know that much bad news comes out in this year, and it makes the price can increase and even it still down. But soon, people will realize that the bad news will only make them get panic, and they cannot hold their bitcoin for a longer time. And they will stay calm if there is any bad news that comes out because they know that this can give a bad effect to the price, so it is better to be patient for a while.

I my self visit those pages, groups and talk on reedit before investing my money in bitcoins. By hearing the news we can absorb when will price up and when it go down.

I think the main thing we are forgetting that bitcoin doesn't really care about the news, the only thing that's important for bitcoin is the supply demand side and for that to happen and make bitcoin go up again we need a hype.

Why do you think bitcoin went down and has been stagnant for the past couple months? Because there was a hype about bitcoin during last november and december and the price was going up because there was a lot of new people who were excited about the possibilities of bitcoin however right now most of those people left so there is not much hype about bitcoin. If there is hype, price goes up, if people are not interested it goes down, simple as that.

[South Park]

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  

Despite the incredible technology behind bitcoin and the leap forward that this means for the world bitcoin is still affected by all the economic processes as any other thing in the world, and the one that affects its price the most is the supply and demand, unlike fiat currencies the supply of bitcoin grows at a very constant speed that is known beforehand, this is great but when the demand changes this makes the price of bitcoin incredibly volatile.

[michellee]

I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The news can cause bitcoin prices to go up and down, and we already know this. We know that much bad news comes out in this year, and it makes the price can increase and even it still down. But soon, people will realize that the bad news will only make them get panic, and they cannot hold their bitcoin for a longer time. And they will stay calm if there is any bad news that comes out because they know that this can give a bad effect to the price, so it is better to be patient for a while.

I my self visit those pages, groups and talk on reedit before investing my money in bitcoins. By hearing the news we can absorb when will price up and when it go down.

But you still need to research by yourself and not just follow the news from many sources because you can find the fact that it is a good time to invest or waiting for more. And if we can know when the price will up and down, it doesn't mean that it will happen in the next minute because no one will know about this and this is why we need to find out by ourselves. So invest your money with the amount that you can afford and don't go all in for the investing in bitcoin because we don't know what will happen later.