What is the main reason for the bitcoin price?

[niteroy]

Possible on cost bitcoin and other cryptocurrency affected by a large number of negative news such as:
1. German financial supervisory authority (bafin) forced Berlin Exchange crypto.exchange, immediately stop activity as financial broker.
2. Japanese cryptocurrency Exchange enhance their procedures of self-regulation after breaking one of the largest companies in the country Coincheck.
3. the course of the conference nordic business forum in Stockholm co-founder of the Corporation Apple Steve Wozniak told reporters that sold all their bitcoins.
4. American regulator announced the beginning of the investigation of one of the largest exchanges, Bitfinex, and the issuer tokens USDT.
5. Someone put for sale 7,454 #btc (~ $ 82m) on the Exchange Binance.
And other news

[earl07]

Because  news or futures or ...etc^^?

Thank you for answer

IMO,I think it depends on the supply and demand on the market,if many people start buying bitcoin then a surge of price will be  expected or because of the technology.While technology advances then a possible rise of bitcoins price will be an effect also.

[tambok]

Because  news or futures or ...etc^^?

Thank you for answer

IMO,I think it depends on the supply and demand on the market,if many people start buying bitcoin then a surge of price will be  expected or because of the technology.While technology advances then a possible rise of bitcoins price will be an effect also.

Well, if we are not familiar how Economics works then it is time for us to study about it since cryptocurrency really depends on the number of demands and supply, while bitcoin is continuously increasing in demand while the supply is continuously decreasing that is the reason for why the price goes up.

[Adiba85]

Menurut saya sih harga bitcoin itu ,semakin banyak permintaan pasti harganya semakin menurun, dan itupula yang menyebabkan otang berlomba lomba untuk berimfestasi disaan harganya turun.

[Erza]

The fluctuation in bitcoin price is because big whale or company that hold huge amount of bitcoin are controlling the market. With this, they can easily do what they want as long as they are profit with it, so if one company heard issue about bitcoin regulations, most of them will be panic and try to sell some of their coin. And with this huge dip, many panic seller are trying to sell their coin and this make the fluctuation of this market always happens. The main reason is just as simple as that, no one really can change that fact, although some futures is coming out the price will stay the same if big whale stay on their place

[alkhie01]

The reason of the bitcoin price is always  depend on the demand of the people who are buying and selling of bitcoins.It always depend on when the people are selling their btc like for example if they heard a FUD for sure everybody will sell their btc because they will think that the price may go down.Then everybody will follow,it will really affect the price of the btc when everybody are selling even in a very low price.

[VampKing]

I think there are several reasons for the increasing price of BTC.

1.Globally acceptance, 2.easy transaction, 3.short time, 4.no transaction limit, are some of the reasons.
 
Yes, BTC has many more features that's why it's becoming popular day by day. Recently it has become so popular that it's price has just boomed. 

[kateryana81]

- There is still many fud like many claims tether not holding enough USD in their bank account which if true can add more panic in the market.
- Different unofficial announcement about possible ban in crypto trading in asian countries
- Many whales are trying to get cheap bitcoins before pumping it hard, weak hands are selling their coins to whales because of panic
- New investors have fear of loss and they are just waiting for FOMO to kick in so they can start buying.

Just hold what you have and keep buying what you can at current correction.

The same story over and over again happening at different times since the birth of bitcoin. Looks like that saying is true, past repeats itself. I always wonder why people fail to figure out such simple things even after being repeated like thousand times. Small investors make same mistakes and whales are really controlling the whole game here. They have the greatest influence on digital market.

[TorbiK]

With the advent of futures contracts, the price of Bitcoin began to fall gradually. It was only two weeks when there was a rise in the price of futures since they appeared on the exchanges. This is because the institutions now able to short Bitcoin?

[imyashir]

One reason why Bitcoin may fluctuate against fiat currencies is the perceived store of value versus the fiat currency. Bitcoin has properties that make it similar to gold.in Bitcoin does not yet have a generally accepted index since cryptocurrency as an asset class is still in its nascent stages, but we do know that Bitcoin is capable of volatility in the form of 10x changes in price versus the U.S. dollar.

[hitrawal91]

Because  news or futures or ...etc^^?

Thank you for answer

The Bitcoin price mainly depends on the demand and supply that is running as per the availability in the current market condition. I don't think it is easy for us to manage the bitcoin holdings in the current weak market conditions and so if you are not comfortable in holding them then you can either sell them or you can average them by buying more number of quantities at low prices so that you get the best-averaged price of buying the Bitcoin and this should be practised only if you are willing to hold the bitcoin for long-term profits.

[trickyriky]

Because  news or futures or ...etc^^?

Thank you for answer

The demand for the coin is the main reason for it. After people heard about bans of crypto, they started offering their coins, and BTC went down.

[owlman]

Negative news does affect the price of Bitcoin, but I think not only this is the problem of lowering the price to such a level. I am confident in the near future the market is stabilizing.

[Borisb52]

The main reasons for this price bitcoin are actually two:
1. This is another correction of the market after a long growth in autumn and winter of last year. This is normal. As you know, there is no permanent growth. Since there is no permanent drop.
2. Whales need to purchase cheap bitcoins. That's why we now get so many negative news about bitcoin. This is already the manipulation of the market.

[zokilnmet]

One such reason is hard to be called here rather the aggregate of such reasons, but still the main reason I consider the political news of individual countries' leaders, such as China, Japan, Indonesia. When the news are good then the rate increases when there are some prohibitions related to the crypto currency in these countries, then the rate falls.

[upsidedown75]

With the advent of futures contracts, the price of Bitcoin began to fall gradually. It was only two weeks when there was a rise in the price of futures since they appeared on the exchanges. This is because the institutions now able to short Bitcoin?

Everyone is unable to understand the main reason which is resulting in this much of downfall in the market value of the bitcoin. However, there can be certain reasons like that of decrease in the demand of the market value of bitcoin in the international market due to which the market value of bitcoin is decreasing day by day. I am very much hopeful that these dark days will be over soon.

[JioMoney]

Nothing manipulation at its best......weak hands will get out and new set of millionaire will emerge out....

[LovelyFLOWER]

Because  news or futures or ...etc^^?

Thank you for answer

I believed that when it comes to price measurement..we cannot say what was going through it..as futher as i think bitcoin price is undeterminable thing because it can fall and raise up..but if i see the past years..bitcoincan rise and rise again for the several times passes..so that i preffer to believed that when it falls it can also recover and increases again and again and it laso possibly to increase more at the same time to future.

[hollie1982]

1. I believe it started with the 'normal' January dip. You can look it up for almost every year.
2. On top of that dip came the futures and the manipulation of the price (down).
3. After that the more political discussion about Bitcoin and the possible influence of the government. That made people loose confidence.

That is why everybody is holding their breath and price goes down.

[FullMooon]

There are many reasons aaffecting the bitcoin price and the 1st is the demand. Demand shows how many goods and services are bought at various prices during a certain period of time. And also this is the consumer's need or desire to own the product or experience the service. It's constrained by the willingness and ability of the consumer to pay for the good or service at the price offered.  When the demand become low the price will be decrease also. 2nd is the news about it Good and bad. Even fake news can affect the price. Cause some pwople trust news most of it is the decreasing of price thats why the investors always sell their coins even their not sure about that news Nd the outcome the price of bitcoin will decrease.