What factors make Bitcoin rise again?

[Stac]

The price of bitcoins is determined by the supply and demand factors in the crypto currency market, and every year the price of bitcoins does not remain constant it keeps on changing and increases every year which is good for long term investors. As the bitcoins are in the asset class there will be always be a hike and drop in the market which is quite normal in all the financial market like stock and share market, so when there is a dip in the market there will also be a hike in the market which is good for all the investors of bitcoins.

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[Dwarfalamei]

I think that this happens simply because bitcoin is still the most popular cryptocurrency, and if the market starts to grow, it is more often with bitcoin. All the more good news about the fact that the cryptocurrency is accepted for payment in Samsung stores in Tallinn, Riga, Vilnius and Kaunas.

[blackmagic111]

Price depends on the economic term of demand and supply condition. If bitcoins demand increase then price will also increase because we know bitcoins supply is limited.

[chaoscoinz]

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?

Regulations are the main factor behind the crash, once clear laws and policies become established,  then the price will naturally rise. It won't hit $20,000 again this year, but if the governments are willing to reach a middle ground for the crypto community, then we will most likely see better market prices with organic growth, not artificially manipulated pumps and hundreds of scam ICO's.
    The more regulatory action we see, the safer investors will begin to feel, but the more centralized the initiative becomes. It is really a constant tug of war. Be a hero long enough, and you will begin to see yourself become more and more like the bad villain.

[Zigzagkuy]

Bitcoin has risen and I think there will be a big rise by the end of this year. Probably the factor that makes such bitcoin a power more than its users. What I mean is that the number of bitcoin demand is increasing and this is a tendency for the community. So it's possible that the amount of demand affects the market.

[among]

The entry of institutional investors into the Bitcoin market has also served to increase the price of Bitcoin. In April, it was reported that the $26 billion-dollar Soros Fund was preparing to trade Bitcoin. George Soros isn’t the only big-name fund getting into the market as the Rockefeller family fund is also reported to be eyeing up a foray into the market. institutional investors contribute greatly to legitimizing Bitcoin as an asset class. According to Eiland Kowala, the CEO of the Kowala blockchain platform, the entry of big VC and hedge fund firms into the market is creating a different type of interest in the market.

Many regulatory bodies like the SEC are shining the spotlight on ICO tokens, trying to determine whether they are utilities or securities. Bitcoin doesn’t fall into any of those categories and as such, it isn’t affected by such attention. As a result of the uncertainty in the majority of the altcoin market, Bitcoin represents a safe bet for crypto investors.

[DrGuns4Hands]

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?

The idea and the concept of bitcoin are in the objective and purpose of improving the quality of transferring funds and avoiding hassle double spending transactions (between the receiver and the sender) without any third party; thus, it may pave its way to an internet-based innovation strategy for business transactions and operations. There, the need of a stable and known crypto such as Bitcoin may be necessary. In light with such opportunity, Bitcoin hodlers are at an advantage pace; because, it will yield to an increase of price again.

[Lalafell]

More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.

Actually, if there are many buyers and investors the price will probably increase simply because it will affect the demand to increase also. In addition, We all know the fluctuation of supply and demand is the main reason why the price is rise and down. I hope in the end of this year the price of bitcoin will fully recover and it will keep on rising.

[ishinn99]

More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.

Actually, if there are many buyers and investors the price will probably increase simply because it will affect the demand to increase also. In addition, We all know the fluctuation of supply and demand is the main reason why the price is rise and down. I hope in the end of this year the price of bitcoin will fully recover and it will keep on rising.

yeah, a lot of us are hoping that bitcoin price will recover again and hoping it will surpass its current ath price before. I will keep hoping and believing that all of this will become possible again.

[Rossy Akbar]

I think is because so many people getting know about bitcoin then they're started to buy bitcoin, if more people buying bitcoin I think the price will rise up but if more people selling bitcoin then the price will decrease badly.

[patimahsunda]

I'm not exactly sure what factor makes the bitcoin to rise again. Probably because of the many requests that caused the increase. However, we are happy with the increase. And hopefully will continue to increase.

[Erul13]

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 because of the news etf effect that will approve bitcoin, so many are buying large amounts of bitcoins. and if no misconception will be reported on the 10th of August.

[wow.magic]

Basically its value depends on the demand. More people buy the price increase in value. As interest to bitcoin growns the value also grows. The users are a big factor in the price.

I think one of the main factors why bitcoin will rise again is those investors who invests big amount of money to btc. And another factor is those people who buy btc on the large value. People are one of the most greatest factor why bitcoin continuesly rising.

[Pujangga]

I think the factors that made Bitcoin rise again are that we know Bitcoin is very sensitive to positive market news in recent days. The appointment of David Solomon as the new CEO of investment bank Goldman Sachs US (formerly holding director of operations) is said to be positive news that increased sharply today. Last month Soloman said that Goldman is considering adding more bitcoin-related services and digital money besides. Another news is that Coinbase's announcement in the SEC's and FINRA's approval of the three acquisitions is near Best. This made it even closer to becoming the first digital money exchange managed by the SEC in the United States.
Many bitcoiners hope that as the financial services industry is betting on bitcoin, prices will rise again to high levels in December last year, and possibly even higher.

Bitcoin is a very sensitive thing, the slightest issue will be raised media that mostly anti bitcoin, this is what makes many users panic and I think we should fight negative news.

[nikonova]

The biggest factor is probably the interest of the users. More buyers tht buy the price goes up. The value of bitcoin is based on the law of supply and demand.

[LastKiss]

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 because of the news etf effect that will approve bitcoin, so many are buying large amounts of bitcoins. and if no misconception will be reported on the 10th of August.

I'm wondering if that's the behind bitcoin price rising up again, lately I saw many good news about cryptocurrency probably that affect the bitcoin price too also probably many people are hoping that bitcoin price up again. If we take a look only few days will be august and the september, people will be think that they wont miss the cheap price I guess.

[Slavyanskiy]

I believe that gradually Bitcoin's price will be higher and higher. After all, we need to earn.
The more there is demand, the higher will be the price - this is the main factor.

[Crystalcoin24]

Price is related to demand and supply based on this when investors sell more coins that time price falls and when they started to buy coins then the price again increase also it’s the best time to buy coins that’s why many investors invest money in BTC and automatically price started to increase.

[Tervelatuk]

The biggest factor is probably the interest of the users. More buyers tht buy the price goes up. The value of bitcoin is based on the law of supply and demand.

bitcoin demand in few days ago rise sharply.and its effect to bitcoin price that rise more than $1000 in only few days.it move from around $6400 to $7500 today.we hope it can good signal for bitcoin price in future.

[2408AAY]

Factors that can make bitcoin rise again is when there are more investors in the system and less dumpers.  This will help bitcoin rise again and make it strong.