Can we model a price of bitcoin?
If so, how? What are factors???
Show us your idea!
By modelling you mean to say by manipulating the prices of bitcoin. The simple answer is yes you can do that and you can do that simply by putting loads of money into the bitcoin or even other altcoin that you want to manipulate. That is from where the concept of pump dump started and that is completely artificial way to manipulate things around the crypto. Bitcoin is no different thing and we can do that because it is public model and completely decentralised. There is no fixed limit on its market and hence it keeps rising that way.