What factors make Bitcoin rise again?

[oholdwave@gmail.com]

Maybe it was a fake signal after the World Cup. Money laundering increased the volume of Bitcoin transactions but only temporarily

[clonely]

The ETF may be the beginning of a rebound for Bitcoin. There is very little time for this. We'll find out soon.

[LedrookETH]

Price in any investment market is determined by the supply and demand factors mainly. I think the price of bitcoin rises due to increase in the demand of the bitcoin. Since demand is higher with a limited supply so such increase in the price is expected.

[Bugatti73]

Sometimes people just need to sell the currency because they have the circumstances of that period of life!

[zubrr51]

The noise in the press and media, as well as the confirmation of the ETF, will give Bitcoin a new impetus for growth.

[Markettoken]

may be affect the price of bitcoin rise again is the public awareness that the bad news that has been circulating is not true and actually the bitcoin remains safe trusted and profitable.I think the fall in bitcoin prices on yesterday is just a process in a trade and that is very useful for the traded value

[ucb94]

Main depending factor of price of bitcoin is demand on it. And much more factors are affecting to increase or decrease of price of bitcoin.

[ziro cent]

The rising demand for buyers seeing the potential in BTC and profitability on the growing end each day, is the sole factor.

[1goldhunter001980]

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

I believed the increasing number of investors will really help to improve the market of bitcoin and it can be done once other countries accept and legalize the use of its people.

[absurde]

Regulations will show the way for cryptocurrency but if there is one thing should be !
Fresh money should come to market, othervise price will not rise. (not only Btc, all market)

[Golftech]

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

Probably, the main factors that affect the price of bitcoin to rise again is, there are more people who have invested on it. Usually when there is a demand, the price will gets high. And if more people will continue to buy this, I'm sure it will also continue to increased.

Yes it can rise if more people buy it and hold, but if they will buy and sell right away the value will not increase that much, aside from more good news bitcoin also needs strong holders, those risky people who can take the volatility and continue being patience holding their coins and wait till it go back
to the moon, it will happen we just need to start holding and influence more people to do the same.

[Shiversnow]

There are many reasons for the BTC to increase as large buyers buy in large quantities

There are many factors that affect the price of bitcoin to rise again and the main factor are the fluctuations of supply and demand on online market. In the other hand, the large number of people who buy bitcoin also affect the price of bitcoin to rise simply because it will become on demand and many people will sell it in a high price.

[jack8989]

Main depending factor of price of bitcoin is demand on it. And much more factors are affecting to increase or decrease of price of bitcoin.

Bitcoin prices do not depend on demand. People only buy Bitcoin in the market trend. At present, the trend is increasing due to the ETF in August. However, if the ETF is not accepted, the price of Bitcoin will be reduced as a few months ago

[Oppang Inamo]

Demand is the most powerful thing to make the Bitcoin's fluctuating price rise again. With many buyers, its price will continue to grow. And one thing to make it much stable, is pray that hackers mustn't target crypto-related companies and those who are onto crypto market and tradings, and therefore no instant downfall to the price.

[onrise]

Sometimes people just need to sell the currency because they have the circumstances of that period of life!

During the need of money they are left with no other option and have to sell it. So what happens is that the market may react in a negative way considering the fall means market may crash and thus others also start selling on panic mode. s

[ohkkstaaahp]

If the BTC increase is due to many people involved in investing in BTC, so the market capitalization will increase, the BTC price increase. that's my inference.

[thesmallgod]

Bitcoin will rise if the acceptability is increased. what this means is that if already existing market with huge financial cap support bitcoin or start making use of bitcoin then the price of bitcoin will increase again. take for example let Toyota and Volkswagen anounce today that they have start accepting bitcoin a medium of payment for the product then you will see that the bitcoin price will rise becuase many people will start buying bitcoin to make payment for automobile and this will also drive some other toyota and volkswagen competitor to also accepting bitcoin. however the price will go down due to bad news such as large exchange hack, banning of the coin by some countries and business etc.

[Naficopa]

There are many factors affecting the price. It is difficult to clearly determine which one has the biggest influence on the price. Certainly one of the most significant factors are news, after which the market reacts almost immediately. Access to information is very valuable at the moment. It allows you to quickly react to changes in the market and decides about profits or losses.

[faith400]

Is the market price of bitcoin. Nowadays it’s determined by buyers on sellers on big exchanges where you can trade Bitcoin versus US Dollar, Euro, or whatever else seems feasible. So it’s the perception of market participants which makes the price.

[frickshow]

Supply and demand is responsible for rise bitcoin price because many investors are getting interested and buying bitcoins in more quantities so less of supply of bitcoin is possible also many countries is trying to regulate bitcoins,this is the possible reasons of bitcoin price hike.