What factors make Bitcoin rise again?

[gilangIDR]

Bitcoin is an unpredicatable currency with a outmost character which has a volatile movement. You don't know when it rises or when it falls, and during fast demands the possible increase of value depends on how fast it grows due to massive adoption. If people would see the increasing value, they find it interesting that's why it attracts more people to buy bitcoin as their holdings. They thought that this will bring them good fortune in the future.

Yes, it is precisely that we cannot possibly predict Bitcoin price movements correctly. What will affect the price of Bitcoin is how the demand factor occurs. If more and more people are searching for and using Bitcoin then it is very positive for the development of rising Bitcoin prices and when more and more people do not believe and start leaving Bitcoin then the price will continue to decline.

[Gotomoon]

When the demand increase the price does. Adoptions in bitcoin could make the price grow and rise again. Even price is unpredictable we should never in panic sell. However, once we have more positive issues on bitcoin it could contribute to increase.

[Google+]

which is a factor of rising bitcoin prices I think is very much, but the important factor of rising prices of bticoin is from the demand or buyer, without this role the price of bitcoin will be very difficult to rise, and being a supporter is some good news can accept payments using bitcoin, when these two roles exist then the price of bitcoin will be easy to soar.

[Nick Abimanyu]

There are several factors which can cause bitcoin prices to rise, which include: psychological factors, political risks around national currencies, specific rules in several countries, governance of bitcoin and its innovations. But for now, bitcoin price analysis shows that positive media coverage is one of the main factors, which drives the price of bitcoin to rise again.

[Heationd]

I believe that factors that may help BTC to rise or gain more income is to people must be patience in waiting for the value to goes high. People must help one another in order for them to gain higher income than they expected. Also, people must be wise so that hackers will not easily get or scam their account.

There is only one factor and that is investment capital for the growth in price. I think that the price will never go up until the demand for it will not increase. Now people understand what crypto is better for investment and how much they need to buy some Altcoin. The price with bitcoin is that it is very expensive and small investors keep aside from bitcoin.

[KorakPawon]

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?

bitcoin has long been an existence and is the best digital currency, although in 2014 it had experienced quite difficult things and became the worst eye for uag. and finally in 2014 bitcoin prices could soar again and this is according to some experts due to several factors: Fear of Brexit.

[Barbarian]

There are several factors which can cause bitcoin prices to rise, which include: psychological factors, political risks around national currencies, specific rules in several countries, governance of bitcoin and its innovations. But for now, bitcoin price analysis shows that positive media coverage is one of the main factors, which drives the price of bitcoin to rise again.

You probably forgot the most important reason about why the price of bitcoin goes up from time to time, this happens with each new update and advancement of the technology, we saw this in the previous year and every time a major upgrade is done to the bitcoin network then the price of it will go up.

[Dimas99]

in my opinion many of which make the value of rising may be the higher the demand than sales, I think the development of crypto currencies depends on the investors themselves

[Farma]

in my opinion many of which make the value of rising may be the higher the demand than sales, I think the development of crypto currencies depends on the investors themselves

You're right, there are so many reasons to make bitcoin prices higher, it's just that there isn't anything like that at this time. so, there is a high probability that we have to wait to see the price rise again. well, maybe things like 2017 will be repeated.

[sheenaedago]

in my opinion many of which make the value of rising may be the higher the demand than sales, I think the development of crypto currencies depends on the investors themselves

 I also think about it, the demand rate is a great factor to arise the market again. Somehow, most investors are quite leaving crypto due of inconstant market. In fact, investor's have a huge of help in order to gain a high demand in the world of crypto as well on its development.

[Lubang Bawah]

The thing that can make a rise in bitcoin prices is investor confidence, as we know that there are currently too many scam projects that make investors afraid to put money in crypto including bitcoin.

[drachman]

the factor that makes the price of bitcoin rise again seems like there is good news that can trigger an increase in the price of bitcoin again and make the price of bitcoin can be very expensive again.

Good news are critical to make the price of bitcoin to go up, I know that there are many people that decide to ignore the news because they do not believe in the sources but sometimes there are many positive news in a row and this makes the price of bitcoin to go up, that is precisely what happened the last time we got a bull market and this is also the reason of why we got the bear market in the first place.

[hahay]

the factor that makes the price of bitcoin rise again seems like there is good news that can trigger an increase in the price of bitcoin again and make the price of bitcoin can be very expensive again.

Good news are critical to make the price of bitcoin to go up, I know that there are many people that decide to ignore the news because they do not believe in the sources but sometimes there are many positive news in a row and this makes the price of bitcoin to go up, that is precisely what happened the last time we got a bull market and this is also the reason of why we got the bear market in the first place.

Yes, more or less with the positive and negative issues that will affect the price of bitcoin up and down, but I personally feel the price of bitcoin is now expensive and like it's good enough to stick to this value that has been going on for several months. The good news and the new adoption will be made I think it will make the next bitcoin price increase, so be patient enough to wait until that happens if we still believe the price of bitcoin will increase again someday.

[cryptojac17]

the factor that makes the price of bitcoin rise again seems like there is good news that can trigger an increase in the price of bitcoin again and make the price of bitcoin can be very expensive again.

Good news are critical to make the price of bitcoin to go up, I know that there are many people that decide to ignore the news because they do not believe in the sources but sometimes there are many positive news in a row and this makes the price of bitcoin to go up, that is precisely what happened the last time we got a bull market and this is also the reason of why we got the bear market in the first place.

These days we can't hear more good news, since more fake news came around instead of giving positive feedbacks. People is very much aggressive to earn fast, but it won't happen because we really need to acquire that learnings first. Start it with yourself, and patience is which I think the best thing to learn before expecting those factors thar may arise in order to make bitcoin rise again.

[whiteblue]

This bitcoin price movement can be influenced from various ways, one of which is with news, the difficulty of mining to get bitcoin and the last is the increasingly limited bitcoin supply.

when the above conditions that I mentioned can occur as an example of mining has difficulty to get bitcoin and supply has run out then the price of bitcoin will obviously increase prices due to the influence of these conditions.

[TwtRedeo]

There are several factors which can cause bitcoin prices to rise, which include: psychological factors, political risks around national currencies, specific rules in several countries, governance of bitcoin and its innovations. But for now, bitcoin price analysis shows that positive media coverage is one of the main factors, which drives the price of bitcoin to rise again.

You probably forgot the most important reason about why the price of bitcoin goes up from time to time, this happens with each new update and advancement of the technology, we saw this in the previous year and every time a major upgrade is done to the bitcoin network then the price of it will go up.

Continuity of the price depends on regular demand and investment capital. If more and more people invested in bitcoin, the price will grow more but if there are no buyers in the market, the price will not increase. It is natural and if you see big bump in the price without any investments, you should understand that this is artificial and will be corrected after some time.

[zazarb]

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.

There are many factors that affect Bitcoin price, such as the emergence of a new investor, good news, and knowledge emergence and etc. All factors do not even need to be listed.

[Seeker#9]

Positive factors like a fork to improve the features of bitcoin, development like the approval of SEC for bitcoin ETF and the surge of demands from big investors and mass scale adoptions will surely make the price of the bitcoin to rise again. But this factors are still missing and I think it will not happen this year. Bitcoin's price will soar again after a year or more or when its price already reach the bottom.

[Arsedunn]

in my opinion many of which make the value of rising may be the higher the demand than sales, I think the development of crypto currencies depends on the investors themselves

The most affective factor for the growth of bitcoin price is people trust, because if people do not trust bitcoin and think that it is a bubble as many people think, then bitcoin will not be able to collect funds in the future and the price will reduce instead of increase. Other factors come after trust and belief. We should convince more and more people to invest in bitcoin so that the market cap go up which will cause growth in the price.

[altercreed]

One of the factors that can bring bitcoin's market price to go up again is through number of new investors to bitcoin. Not only investors, new adapters to bitcoin especially companies that are integrating the blockchain in their business can also push bitcoin's market price again.