Five Reasons to Impact Bitcoin Prices

[deppil]

you are all right to say but the most basic component is the manipulation of the market which dictate the tone of the price

I don't think prices are always manipulated by someone. do you know bitcoin marketcap reaches billions of dollars? who is the person who has that capital and wants to take risks by endangering their money to manipulate the market which is not necessarily possible. but I do not rule out the possibility of manipulation sometimes happening

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[matchi2011]

There are so many reasons which are impact bitcoin for less value to more value like if the demand for bitcoin rise the price is moving to rise and till the market force like supply balance demand the price become less and unstable so it impact bitcoin. and with this the price volatility high and then the investors feel fear and they switch the coin. So in crypto bitcoin is the most important and valuable coin for now as we can say that in the future bitcoin will use for many purposes so it will make bitcoin more expensive.

Those factors still depends on how supporters will value their investment, if they can hod and wait then more adoptions will be attract when
bitcoin value jumped high again, some people didn't realize that each time we go along the pumped we are pushing new investors aways
better to stay calm and hold your coins, bounce back will come and more investors will join the business.

[TheUltraElite]

So in crypto bitcoin is the most important and valuable coin for now as we can say that in the future bitcoin will use for many purposes so it will make bitcoin more expensive.

What makes bitcoin expensive is its demand and the supply. Because the supply is going to be limited after a certain period the demand will rise. Now whales will pump coins and dump them making the markets crash. But that is least important when we consider the ideology behind bitcoin and crypto. So those who believe in the future of these assets are holding it and actively trading it.

I don't think prices are always manipulated by someone. do you know bitcoin marketcap reaches billions of dollars? who is the person who has that capital and wants to take risks by endangering their money to manipulate the market which is not necessarily possible. but I do not rule out the possibility of manipulation sometimes happening

The marketcap is not real. It is at least 50% excess of what is shown in coinmarketcap. One of the major reasons is unlisted trades which happen and p2p trades that go on. Its not possible to track every one of them.

[AllenTurner]

Very much informative article but not only five there are several reasons that impacts bitcoin price from high to low and low to high.

[abhi777]

Again, I'm thinking that investors unlike like year is being smart and wouldn't just FOMO to enter the market. Look at those newbies who bought bitcoin at its peak, they are all gone now, because they got burned. But I'm sure that they learn from their mistakes, gain experienced and now are more intelligent.

I dont think the people who bought bitcoin were actually shark investors. They were just newbies willing to get into the market in the hope of getting rich quick. (just like greedy dumbos) A real investor would actually analyse the market and its risks before putting in any amount of capital with hopes of future returns.

Maybe doing some analysis of their own. ETF's news though is quite a nuisance and i'm no longer trying to get myself to be affected by those news. Rejection or approval doesn't make any difference, IMHO.

True, we can see that rejection is not making much of a splash but the small dumps are happening. Bitcoin is facing resistance to cross the 7k or even touch the 7k mark this month and its not surprising if someone just dumps away all their coins if it does touch 7k to send us all tumbling down to 5k.

Impact on price might not be a big issue for the hodlers even if its painful but the small fries got pulverized into splatooshis.

five reasons for bitcoin prices are the small volume of Bitcoin that is spread on the network, a situation where there are more Bitcoin traders than Bitcoin users, News that is spread globally, Investment Fraud (scam), Bitcoin being ‘hacked 'and taken away by others. in my opinion, the impact of the price of bitcoin is fluctuating.

[towi078]

It seems that there are indeed many factors that have caused this year's crypto price to experience a sharp decline. Hopefully in the next year, this condition will change quickly

[xanaxxx]

There are so many reasons which are impact bitcoin for less value to more value like if the demand for bitcoin rise the price is moving to rise and till the market force like supply balance demand the price become less and unstable so it impact bitcoin. and with this the price volatility high and then the investors feel fear and they switch the coin. So in crypto bitcoin is the most important and valuable coin for now as we can say that in the future bitcoin will use for many purposes so it will make bitcoin more expensive.

bitcoin is not of low value now, it's worth a lot comparing to where it started from. Let me remind you it was worth nothing. So the value is good, adoption is the main key

[Kristinasomaira]

These are the five reasons to impact Bitcoin Prices.

1.Growing Visibility.
2.Surging Investor Interest.
3.Regulatory Progress.
4.Bitcoin Futures.
5.Strong Momentum.

[jzale]

The only factor of those 5 mentioned that obviously affected the Bitcoin's price is the series of rejection by SEC on ETF proposals for Bitcoin. This has caused a massive decline and created a commotion within the community. It is as if the future of Bitcoin relies on the ETF. Again and again, ETF is better but not needed right away.

[TradeParty]

Very much informative post and those five reasons that you mentioned in your post and really very important reason and the community should focus on this.

[TheUltraElite]

a situation where there are more Bitcoin traders than Bitcoin users,

I think you are saying that there is more demand than supply. Having more trading going on is not going to be bad. But if there are panic selling going on then the price will drop. Also since crypto is not so much usable for daily expenses in most countries, its demand is mainly from the used coins and sharply supply is low because of the limitation on the total minting.

News that is spread globally,

Again that influences the panic sellers. Fake news are sometimes very easy to recognize and debunk.

Investment Fraud (scam),

That will lead to a change of hands and not a loss of value at that time would it. If the scammers want to sell those coins then it might drop the market price.

Bitcoin being ‘hacked 'and taken away by others. in my opinion, the impact of the price of bitcoin is fluctuating.

This is a misconception since bitcoin cannot be hacked. What can be hacked it the websites and wallets.

[Odlanyer]

There are many reasons why the prices of bitcoin get a huge impact and became decrease because of  ETF or more precisely the fear of ETF, due to the denial of approval for ETF, Government policies have a huge impact on the amount of transactions and the price of bitcoins and the ETF rejected also was get a huge impact to bitcoin.

[bellamente]

HitBTC? Are you seriously?

I think that the news now only helps whales to destabilize the market and begin their manipulation.

The news does not affect the Crypto currency market

[Falmera]

There isn't any indicator to determine that if these are the real reasons why bitcoins price has been doing this in this period.

You are true fellow. We cannot really pinpoint which is the reason for the price of bitcoin today. But what affects the price is the demand of the people, we all know that.

[TheUltraElite]

There are many reasons why the prices of bitcoin get a huge impact and became decrease because of  ETF or more precisely the fear of ETF, due to the denial of approval for ETF, Government policies have a huge impact on the amount of transactions and the price of bitcoins and the ETF rejected also was get a huge impact to bitcoin.

I would not blame ETF for all the drop. ETF denial did drop the price but the news of ETF did not shake the market in the first place. Hence my take is that ETF was not the reason for the drop but some where else there has been bagholders who decided to dump their coins finally after having held for too long with their weak hands.

Then there was Vitalik declaring a pessimistic attitude towards crypto and thus some panic selling happened in every coin. Thats the majority of FUD that happened and cause the crash but there may be other reasons too.

[markjohn11]

The recent virtual trading on the BitForex trading floor, a deal on Coinmarketcap, has raised concerns about market manipulation, a loss of confidence in electronic money transactions.

[Gisterman]

I don't no how to check the value of coin,where can i check please update that link

[DonPea]

As an analyst I believe that Bitcoin ETFs could help increase overall cryptocurrency adoption, while also significantly driving their prices upwards. One of the reasons crypto ETFs could lead to a surge in cryptocurrency prices is because they could potentially increase their scarcity and liquidity. Usually, when an asset or store of value becomes scarce, there’s a substantial increase in its price. This can be argued too when Bitcoin futures contracts were launched into the market, there will be a more sustainable increase in price. The reason for this is that many investors shifted from the physical crypto market to the derivatives market shortly after Bitcoin futures contracts were introduced. I would attribute the crash that came afterwards to the inexperienced traders who quite didn't understand the supply and demand effects but with Bitcoin ETF signed, investors would be trading Bitcoin and this would also lead to mass adoption and inturn drive prices up.

[stiffbud]

Bitcoin is a volatile currency and there are many reason which impact its price. First reason is its decentralised nature because of which many government ban it in time to time and this thing influence its price. Another thing is its volatile nature because of this nature its price fluctuate time to time and because of this many investors pull out their money and this thing ultimately affects the price of bitcoin. Another thing is bitcoin relation with criminal activities, and it is complicate to understand because of this many left bitcoin and take out their investment and this thing also affect its price. When one government ban bitcoin trading, investing  in their country then the negative effect show on the global price of bitcoin.

[chennappa121]

What you are given the point are truly correct information if why Bitcoins and other coins price are going deeply down day by day, we. Hope that good news are waiting for all crypto lovers in coming days.