What are the impactors of Bitcoin price?

[zazarb]

There are a lot of things that are doing the whole thing on the market. But the basics are simple and pretty much the same as in all markets  it is supply and demand. if demand is high then prices rise, if demand is low, prices fall. Also in my opinion on this market a strongly influenced have founding father of bitcoin Satoshi himself. No one knows who he is and that's why I think It has a great influence on the whole market.

[1713569095]

1713569095

[Tamilson]

factors that greatly affect the price of bitcoin is the demand factor. where as more and more bitcoins are used then the price will increase and as fewer are attracted to bitcoin the price will decrease. that's why the bitcoin price always fluctuates every time.

Correct, if the demand goes high and people are buying bitcoin then it makes the price fluctuates higher. But expect that this won't last as there will be swings that will come. If bitcoin won't fluctuate or it will only move with a positive line, it won't be the best coin of all.

And this volatility made bitcoin lucrative than ever and this is what gives people some thrill and chill. Well I guess nobody wants a stagnant price like it will be boring tho as gold and there's nothing tangible that czn gives us a profit within a year.

Btw, fuds is also a factor however this is being use by whales to manipulate the price.

[Lazada]

Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.

There are so many factors that can influence the price movement of Bitcoin, in fact that a large majority of Bitcoin prices are demand factors. When more and more people need Bitcoin, the price of Bitcoin will increase and vice versa, when the more people start leaving Bitcoin, the price will decrease. This is a scheme that is certain and cannot be denied that the support of all of us will determine the direction and future of Bitcoin in the global market.

[deppil]

Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.

Well, it is a market and it is more like an auction market with all the traders bidding which all balls down to how high demand is as compared to supply or vice versa. However, news and some other few things can have an effect on how traders perceive the market at certain points in time.

So, one may actually want to be looking at that aspect as well. Regulation is just one of the few things, which to me, I do not even believe should really be a lot of issue anyway.

Yeah there are many aspects that affect the bitcoin market and news will also affect traders and then impact on the market.
especially when we are often exposed to negative issues and news. of course that makes the market more chaotic some time ago

[napi]

I think that being the impactors of the price of bitcoin is from the increasingly high demand, from the demand taker it will make supply very limited and make coin prices have the movement of up and down the price of bitcoin.

[nyerok]

There is so many impact that affect bitcoin price. For example fake news, politics and many more. So just keep holding it until the price is upper than when you buy so you can get a big profit

[Jating]

There is so many impact that affect bitcoin price. For example fake news, politics and many more. So just keep holding it until the price is upper than when you buy so you can get a big profit

Fake news, FUD government regulations are some of the news that has negatively impacted the price of bitcoins. And it trickles down the investors who panics and sold off without really investigating what's the cause of the declined.

I think that being the impactors of the price of bitcoin is from the increasingly high demand, from the demand taker it will make supply very limited and make coin prices have the movement of up and down the price of bitcoin.

Supply and Demand is just an off shot of this negative news I mentioned above, obviously if there's positive news demand will increase resulting on the price moving up, while a negative news will have a bad effect as traders is influence by it to sell bitcoins.

[aqila baruroh]

Positive news is something that can increase the price of bitcoin, if the ETF results are positive maybe the price of bitcoin can recover quickly. At the moment there is too much negative news that makes bitcoin prices fall.

[burdalen]

Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.

I think that the main factor is the manipulation of crypto-millionaires. All the news comes out at the right time, it's a lot like collusion. Autumn is a time of good news, the price of bitcoin will grow. Crypto-millionaires are already well prepared for this moment.

[xuan87]

Because Bitcoin is decentralized so the one that affect the price is only supply and demand, but there are factors that caused the supply and demand rise and fall, there are news, market manipulation, the proposal rejection, hacking, fud news and others

[Tapyaks72]

Because Bitcoin is decentralized so the one that affect the price is only supply and demand, but there are factors that caused the supply and demand rise and fall, there are news, market manipulation, the proposal rejection, hacking, fud news and others

Of course  the supply  and demand are primary factors that dictate bitcoin price and of course it is driven by some external factors like the issue of security such as hacking, this causes  uncertainty to the mindset of the investors.