who controls the bitcoin price?

[seoincorporation]

To understand who controls the market price you need to see both faces, the people who have big amounts of Bitcoin and the people who have a big amount of money to invest. They are better known as Whales and Bears, and each time a big holder sell or a big investor buys we see a change in the market.

If someone holding 100BTC comes and sells them all today, that will make the bitcoin price goes down, and if someone like Elon Musk invests $1.5B then the price will go up. That's how the bitcoin price moves.

[icewitch0612]

Investors. There are hardly any other options.

[pankowri]

Everyone knows about supply and demand are more liable for fixing BTC prices but there are many other elements also. Cryptocurrency has to concern the world economy and people's positive thinking. Mining cost and other variables are reliable also for fixing BTC price. The most powerful element is demand because when demand increases then price increases also.

[oemar bakrie]

I think crypto exchange from one token to another token will change the price of bitcoin and other crypto will also change the selling price.
depending on the market enthusiasm that will change..

[javainn]

market is the main factor, supply and demand is the main factor. but I also still doubt that, the whale also plays a big role in controlling the crypto price to experience a significant increase or decrease

[mbe48]

I think it depends. Bitcoin pricing is influenced by two things: the price the person selling it wants, and the price the person buying it wants.
Just understand those 2 factors first, there is nothing else that keeps bitcoin under control.

[jerrison]

The banks have their roles in the control of finance but then there are limitations in the case of crypto. The wall street also has some degree of influence but there are limited influences since it has no central network. Hedge funds alongside the whales are the most influential class of people in the space as they have large funds to drive market prices to the roof and also the social media to leave prices crashing.

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

[Imran232]

You and me is the real controler of btc price changer. Now lets explain how we control just think you have 1 bitcoin and you want to sell it on the price of 60k thats why you bid on that price. And now i want to buy a bitcoin now here is the most amazing part i saw you list a bitcoin for 60k. Now its my choice if i thought no i don't want to buy it on 60k. I will be agreed on 59k. And you saw that i bid for 59k. Then you feel that well if i  sell 59k then yeah i might loss 1k but still i will be in profit. Then you sell in 59k then price dump. If you didn't sell on 59k after some time if i buy it 60k then its price increase. This is the real factor. I don't think that cryto exchange is the Controler because its just a way to work. But biggest stock market company, finance management company take that chance they buy a huge number if coin at a lower price then now hands on them what they want up or down. Well they use another strategy first they sell at higer price they pump it huge then when they sell their 80-90% hold. That means they got a huge profit. Then last 15-20% they sell in very muxh lower. Price that means they dump the price. So that they can buy again. I hope you understand everything now.

[Dutchyyy]

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

The price of a Bitcoin is determined by the corresponding supply and demand on the market. When the demand for Bitcoins increases, the price increases and, accordingly, when the demand decreases, the price decreases. There are a certain number of Bitcoins in circulation and new Bitcoins are created at a predictable and declining rate, which means that demand must follow the level of inflation to keep the price stable. Given that Bitcoin is still a small market compared to the size it can reach, it does not take a colossal amount of money to raise or drop the price of Bitcoins.

[Lmaooo]

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

Well, Bitcoin whales control the market momentum.
Because they can manipulate the Bitcoin price in the market.
Bitcoin whales are connected to one another they know exactly when to buy and when to sell.

[MoneyJ]

This has been my ultimate question that hang over my head since I read about crypto 7 years ago. Well from the knowledge and experiences I have gone thru, might well say first the bitcoin project proponents and VCs (early adopters) , They have the roadmap of when and how the technology would take effect of its advantages in network world called the Internet. Bitcoin whales have some effect but not as much as those VCs.

[Twentyonepaylots]

Whales do have a big impact on the price of the coin, but wall street bankers? Hedge fund managers? Banks? I do not think so. Unless they hodl a significant amount of bitcoins in their portfolio, they wouldn't be able to control a trillion dollar market cap investment, let alone beat. So the main contender we really have in this industry is the big ones at the upper echelons of the bitcoin ladder. After them? Nothing else.

[bitterguy28]

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

None of the above , Yeah in some sort they can affect the movement but controlling the whole market wasn't in their hands.

Because even how hard they wanted to control the prices but if we will be strong enough to Hold , for sure none of them will benefits.

The problem upon us is that if they shake the market stupid weak hands sells out and that is domino effect and when the price fall down thiose mentioned will Buy back so the price will Pump again.
same cycle over and over.

[OgNasty]

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

You forgot probably the most important controller of the Bitcoin price...  That would be the code.  It is quite clear by this point that the market is following the stock to flow model, which is determined by the coded creation of Bitcoin.  Every 4 years we see a spike relating to the halving and there's no sign this fractal pattern in exchange rates is going away anytime soon regardless of what the banks, whales, funds, exchanges, or influences think about it.

[Mr.sprin]

no one can control the price of bitcoin even though some say the price of bitcoin is controlled by sellers and buyers but they themselves sometimes experience losses how they can control bitcoin a bad idea I can make sure bitcoin is free and no one can control it.

[why]

It depends on demand and availability. If demands will be increased, and availability reduced the price will go to moon. when there were no buyers and miners have huge amount of mined coin to sell the price action will go down. so Bitcoin's price is totally dependent on availability and market demand. sometimes whales and influence take down or up the market a little while but it is not remain permanent.

[James Watson]

I think the number of competing cryptocurrencies will also affect. Although Bitcoin is currently the most well-known and most circulating cryptocurrency, investors also have hundreds of other options for cryptocurrencies. Generally speaking, the existence of competitors can guarantee the value of investment. If there are no strong substitutes, such as the euro, renminbi or pound sterling, the value of the dollar is bound to be different. However, the speculative nature and quasi-legal status of cryptocurrencies make it difficult to understand how competition rules will affect pricing. But as far as the current situation is concerned, Bitcoin's traffic volume, penetration rate, and application situation are still the best. However, with the continuous development of cryptocurrency and the improvement of other altcoin ecosystems, Bitcoin must also accelerate its integration into the society, and always ensure its "big brother" status in order to continue to appreciate.

[ivankoh]

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

In all of your ideas, in my opinion, there is no requirement that can control the value of bitcoin. Bitcoin is almost beyond the control of any requirement.
Although it is still heavily influenced by those factors, it is by no means controlling.
1. Whales,
5. famous people, are making big currents. MicroStrategy or Elon, Tesla are the proofs.

[Aliceooo78]

as I see it, the price is controlled by its limited supply. there're trillions of people in the world but the quantity of it is finite, which makes it rear. if there're numerous bitcoin, then its price would be much lower than now.

[Argoo]

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

Of the above, in my opinion, whales have the greatest influence on the formation of prices in the cryptocurrency market, since they have a lot of capital and the ability to influence them on the market, especially if they act in collusion. However, it cannot be said that whales have the ability to control the cryptocurrency market. Most likely, this is an opportunity to manipulate it from time to time, sometimes raising or lowering prices. As market capitalization increases, this will become increasingly difficult, as more capital will need to be invested.