There isn't always a clear reason why BTC went up or down

[proTECH77]

a possible reason why BTC can experience increases and decreases is the total supply of your demand from many parties. many of their crypto players can play with prices and that is the reason why BTC prices can experience unexpected increases and decreases.

In addition to the point above, the cryptocurrency market is volatile and the increase and decrease we see, are also part of what the technology is all about. Have seen many cases when the price of Bitcoin will collapse and by the slightest way the demand will be minimize.   

[sngwinner]

Definitely, there is no way we can have reasons to associate it with everything that will happen with the market. Sometimes, what even speculates as the reason for a rise or fall in price might not necessarily be so

[franciscoDC]

No ,there are so many reason why its moving most reason are the every individual who traded or who are trading them their bitcoin,the individual trader or investor has a big part of why the price of bitcoin is moving and also there are still more reason behind the moving price of it.

[Lalafell]

I see a lot of topics talking about why bitcoin did this or that. Sometimes there are clear indicators as of why but many times it simply happens. Coincidence, trading bots and simple TA can affect the price and create a snowball effect easily.

Imagine 3 whales with 1000 btc each decide to sell bitcoin and by chance they do so at the same time. Of course the price will tank and people will wonder why, bots will follow and so on.

I am not agreeing with there is no reason for a bitcoin to went down or up, because there are lots of reasons and factors why a bitcoin bumped up or down. Example is the Law of supply and demand which is being used as a factor in different economic profession. The law of demand states that as the price of a good decreases, the quantity demanded of that good increases. In other words, the law of demand states that the demand curve, as a function of price and quantity, is always downward sloping.

[Lizzie_Girl]

If there were then people could just profit off of it right? I know what you mean though. I guess maybe some people know if they are around those who have lots of bitcoin like maybe big exchanges the people that work for them can predict a price movement when the exchange buys or sells bitcoin or fiat.

[Kyraishi]

To be honest, there are actually rarely reasons why BTC prices may change, and the only times we can really see a correlation between prices and other stuff, would be when there are major events (take previous year's halfing for example).

A lot of changes in price are directly influenced by whales either buying or selling their BTC, as it's usually as of such high volume it's able to move the price by itself and also creates a domino effect where other investors will follow suit.

If there were then people could just profit off of it right? I know what you mean though. I guess maybe some people know if they are around those who have lots of bitcoin like maybe big exchanges the people that work for them can predict a price movement when the exchange buys or sells bitcoin or fiat.

Nope, to this day, it is still impossible to predict BTC price movements.

[Wexnident]

I see a lot of topics talking about why bitcoin did this or that. Sometimes there are clear indicators as of why but many times it simply happens. Coincidence, trading bots and simple TA can affect the price and create a snowball effect easily.

Imagine 3 whales with 1000 btc each decide to sell bitcoin and by chance they do so at the same time. Of course the price will tank and people will wonder why, bots will follow and so on.

It's basic demand and supply kinda thing. Only bitcoin is limited and not all people own it. Plus, FUDs, Analysis chart, famous person saying not to hold, etc are some of the reasons why the price changes at times. Bitcoin always has some kind of issue or news about it that affects it price, whether it be small or big news, which naturally affects the perception of bitcoin owners whcih then makes them sell the coin all of a sudden.

[nydiacaskey01]

There’s always a reason why the sudden change or drop of price of Bitcoin and there are times it will take days, weeks or perhaps months before someone can offer an explanation why the price dropped. Remember the 2017 bull run that ended on the first month of 2018 or the last week of 2017, some offer an explanation that it was the stock market traders who bought Bitcoin on the last quarter of 2017 until the price spiked to ath and then they dumped. Question is do believe it or we just ignore that explanation and just take our profits.

Imagine while we are busy looking for reasons, others are already gaining profits because they were able to position themselves at the right time.

[error08]

I see a lot of topics talking about why bitcoin did this or that. Sometimes there are clear indicators as of why but many times it simply happens. Coincidence, trading bots and simple TA can affect the price and create a snowball effect easily.

Imagine 3 whales with 1000 btc each decide to sell bitcoin and by chance they do so at the same time. Of course the price will tank and people will wonder why, bots will follow and so on.

It's basic demand and supply kinda thing. Only bitcoin is limited and not all people own it. Plus, FUDs, Analysis chart, famous person saying not to hold, etc are some of the reasons why the price changes at times. Bitcoin always has some kind of issue or news about it that affects it price, whether it be small or big news, which naturally affects the perception of bitcoin owners whcih then makes them sell the coin all of a sudden.

He's right, there isn't always a clear reason for the price increase or decline, it happens naturally in the market, at least for a mere $100-$500 in a day.
But for the price changes around $500-$1000 within a day or couple hours, there must be a reason why it happens obviously, just like one day after the Bakkt futures launch, bitcoin price fell more than $1,000 so people speculate because of that. Not a basic thing like demand and supply, because bitcoin price will always increase if that's the case.

[blckhawk]

I see a lot of topics talking about why bitcoin did this or that. Sometimes there are clear indicators as of why but many times it simply happens. Coincidence, trading bots and simple TA can affect the price and create a snowball effect easily.

Imagine 3 whales with 1000 btc each decide to sell bitcoin and by chance they do so at the same time. Of course the price will tank and people will wonder why, bots will follow and so on.

That is because bitcoin's market is decentralized. No one controls it and no one regulates its price. That's why price changes are drastic and quick since it's determined by supply and demand. These whales can be compared to massive sell-offs. A whale selling is comparable to a group of people selling because of a recent negative news about crypto. Both can manipulate the market, traders and investors should always keep it in mind that bitcoin's risk is higher than regular stocks.

[Murat]

Basically, The price of a product is determined by its demand in the market and also the price goes ups and downs based on its supply to the market but the scenario of Bitcoin is totally different maybe, there are no specific reasons why the price always in a shaky position, When the price is high people is happy and on the other hand, when price is low then also a group of people is happy, though its a natural process but this market should be stable in some context. but according to my experience on this platform, I think a huge manipulation is the main reason for this unusual scene, not only that but also a large number of Bitcoin holders may turn this situation. It's not certain but you can't deny this reason anymore.

[ice098]

Price of bitcoin depends on its market demand and supply, it is depend to the traders. Anyone who have a larger number of bitcoin hodling will have the power to manipulate the market value. Whales sometimes manipulates the market, they will hodl bitcoin we may monitor it in the patterns that we can see in every exchange. Predicting reason why bitcoin pumps and dumps is too hard.

[Andrews193]

Price of bitcoin depends on its market demand and supply, it is depend to the traders. Anyone who have a larger number of bitcoin hodling will have the power to manipulate the market value. Whales sometimes manipulates the market, they will hodl bitcoin we may monitor it in the patterns that we can see in every exchange. Predicting reason why bitcoin pumps and dumps is too hard.

But as you say, the obvious reason is probably the manipulation of people holding large amounts of bitcoin, they are outside the market every day, observing people's needs for the market, and depending on the purpose, they will cause the price of bitcoin to rise or fall. And of course, they usually don't act too clearly, always giving bad or good information, always provide events to spark their scripts but sometimes, they don't have any other information, they act more clearly than ever when they pump or dump very clearly within minutes.

[djsugar]

I see a lot of topics talking about why bitcoin did this or that. Sometimes there are clear indicators as of why but many times it simply happens. Coincidence, trading bots and simple TA can affect the price and create a snowball effect easily.

Imagine 3 whales with 1000 btc each decide to sell bitcoin and by chance they do so at the same time. Of course the price will tank and people will wonder why, bots will follow and so on.

I agree that Bitcoin is heavily manipulated. Rather the whole cryptocurrency market is heavily manipulated because of the lack of monitoring authority. But there is always some reason that kick starts the fall which then gets heavily manipulated by the whales for some quick profits. Like recently, the not so expected response from the bakkt lead to the fall which then intensified because of the manipulation. But they too don't play badly with the market as they can't make retail traders leave the market because of the excessive losses.

[Astvile]

Bitcoin is under the law of supply and demand, more demand = higher price and lower demand= lower price. The only difference why bitcoin price rise with some news is because of hype that creates demand in the market. More good news more demand higher price more bad news less demand more supply for sale so price drop would be expected.

[ReiMomo]

Bitcoin is under the law of supply and demand, more demand = higher price and lower demand= lower price. The only difference why bitcoin price rise with some news is because of hype that creates demand in the market. More good news more demand higher price more bad news less demand more supply for sale so price drop would be expected.

It is under the law of supply and demand but the price really affect by the events that is happening and news that is circulating over the internet, I can still remember the peak of price that really affects the further hype of crypto because of the news ciculating over the net.

That was in the year 2017, the peak season of Bitcoin and all crypto enthusiasts are happy at that time. Well, it's because of demand and supply. I think that's the main reason if there is a lot of supply the bitcoin will drop down but if the supply is insufficient and the demand is high then the price of it will definitely increase. Also, bitcoin price is volatile so it may rise or fall from time to time. Or sometimes whales manipulating may affect on Bitcoin price either up or went down.

[Naughty Princess]

No ,there are so many reason why its moving most reason are the every individual who traded or who are trading them their bitcoin,the individual trader or investor has a big part of why the price of bitcoin is moving and also there are still more reason behind the moving price of it.

There is a circulation and the market and those who play with the price make it moves. It is normal that the price fluctuates because that means that there is a change with the supply and demand of bitcoin. It is better than being stable which make long to gain profit.

[SaShiRaJaVu]

Imagine 3 whales with 1000 btc each decide to sell bitcoin and by chance they do so at the same time. Of course the price will tank and people will wonder why, bots will follow and so on.

The possibility of whales selling or dumping 1000BTC at a particular time in the open market is highly unlikely. There is an OTC market where big sales are taken place which is not reflected in the open market and we could expect these kind of whale manipulation when there is a rally and there is a big influence of institutional investors and they usually manipulate the market like you said.

[Alexandr Kirichenko]

I am sure that behind any movement there are certain factors and conditions. And so same are worth people which and create these factors and conditions. This market is very susceptible to manipulation, so look for reasons or invent them makes no sense. About them either tell in the upstream, either never about them not will know.

[rodel caling]

As I have always said in other forums , price is mainly determined by demand, and demand is driving by adoption, product development and other factors just to mention a few but with some respect to the whales. For example, the current run being experience in the price of bitcoin in my own opinion is not driving by whales but by mass adoption and positive news currently hitting the crypto space from the like of Facebook, Microsoft and the host of others. With this I would say adoption and project development drives in demand and demand in turn drives up price.

Yeah perfect demands is the cause of the bitcoin price up and down movement in the coin  market cap, that is called decentralized volatility I didn't beleive bitcoin is control of the  group of whales or people's their price value demands is the number one reason why bitcoin. Is moving up and down.