What factors make Bitcoin rise again?

[Hurs1965]

First of all, the demand is higher whereas supply is getting low, secondly there are few events which are really winding up the bitcoin transaction system and lastly, all the eyes have now moved from Russia World Cup, now people can concentrate on investing and making profit.

[Red Fire]

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 think the factors that make bitcoin rise again is the percentage of people that wanted to be involve here. When the people wanted to join here is increasing I think bitcoin can rise again.

[Dswaggers]

Many good factors are contributing to Bitcoin, it will rise more.

There's a lot of factors make bitcoin rise again one of this is we in this furom and most especially the investors we are among the big factors of bitcoin.And also 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.

[samcrypto]

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.

The supply and demand is already there but I think strong news can really pump this market again. As we can see, we have so many good news in the past days and that is why the price is rising again. Whales are coming back to make another profit, let’s ride with the whales.

[Angle22]

There are many things that are being used, while many bitcoin users, and the price may increase if bitcoin gets back up.

[Oliver2]

The price of BTC continued to drop for two months, and the market will definitely rebound. However, what is uncertain is how long the price of BTC will rebound.

[gabmen]

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.

The supply and demand is already there but I think strong news can really pump this market again. As we can see, we have so many good news in the past days and that is why the price is rising again. Whales are coming back to make another profit, let’s ride with the whales.

Right. The recent  blackrock announcement about btc and etf made the market move up considerably. A couple of more like these and we'd probably see the bulls back again.

[gesdan]

i don't know about the factor that makes bitcoin price rise again, but i think its a whale that buy a bitcoin with high amount, that makes the stock in the market is decreasing and makes the price of bitcoin increasing, we don't know what is happen, but if its really a whale its not safe for us to invest on bitcoin

[wildflower18]

i don't know about the factor that makes bitcoin price rise again, but i think its a whale that buy a bitcoin with high amount, that makes the stock in the market is decreasing and makes the price of bitcoin increasing, we don't know what is happen, but if its really a whale its not safe for us to invest on bitcoin

Actually there are many factors that make bitcoin rise again so whales could contributes and also more adoptions. Good news about bitcoin may help to rise so for that we should really accept the truth that their is volatile happen.

[Gabriel1991]

There are many ways that helps BTC to increase again. First of all we need to change our attitude towards bitcoin. Right now we all have negative attitude towards bitcoin. Only our positive attitude can help the BTC increase again as well as other cryptocurrency.

[fantasticX5]

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?

If we can make a good news about Bitcoin that can ignite those investors to buy in huge amount that will make the price surge to go up and make others to ride the rally. Same what happened last year as it reached to a $20k price of bitcoin.

[Proo1947]

Yes Bitcoin rise again. There are several reason to increasing Bitcoin. Bitcoin is developing, Bitcoin‘s popularity is rising, and demand is rising.

[KIKI.loi]

it all depends on the community, the more that invest in bitcoin then bitcoin prices will rise sharply. give people hope and positive information about bitcoin.

[Nisharawal]

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?

There are many technical and fundamental factors by which we can say that Bitcoin may rise and that includes like Political events or any kind of major announcements that directly or indirectly related to the cryptocurrency market. Apart from these factors, there are also technical factors or you can technical setups like Accumulation zone, and the start of the rally setups with increasing volume which indicates the rise of bitcoin again.

[metenjean]

Technically more people avoid risk then bitcoin price will drop and so does when bitcoin price hike, then it means people start to buy bitcoin. I dont see any long term reason for bitcoin rise now, it need more steady fundamental news to hold the trend. Demand for cryptocurrencies start to increased last year in the mid semester and i think people start to consider this timing to buy more bitcoin. 

[Singbatak]

Really affecting the price of bitcoin is its demand. Because of this, the bitcoin price is based on the number of people buying so if only a few people buy and more sellers will drop the bitcoin price. So when a lot of entrepreneurs accept bitcoin as a way of paying for their service or product, it will definitely neglect the rapid rise of bitcoin.

[Youghoor]

The good news and all the other situations in where bitcoin is going to be discussed or used on the near future, that is the best way in that bitcoin can go up without any manipulations.

[angelakrasnova]

now the crypto market has the properties of manipulation! now very large wallets can lower or increase the stability of bitcoin! as well as very strong influence have miners! But still when someone wants to buy or sell a large volume of bitcoins, that's when the rate begins to change very much! when there will be many competitors at bitcoin, and there will be regulation by the state, then there will be no sharp leaps in price!

[raihan09]

I believed that it will continue to rise & When More or many buyers then it will happen & Bitcoin price goes up.

[kinhdolaos]

Well there are many reasons to list but I can put it in simple terms and that is the need for bitcoin. Demand for bitcoin includes the promotion of bitcoin indirectly from the tokens that are made to promote a project using the ICO system.