it can affect the price of bitcoin?

[Stalker22]

it can affect the price of bitcoin?

The price of Bitcoin has fluctuated dramatically over the past few years and it is not going to stop anytime soon. This kind of volatility doesn't bode well for the future of Bitcoin as a currency, but that doesn't mean that there aren't ways to predict what could affect its price in the future. There are ways to make informed guesses and be prepared for these changes. These include how the market reacts to certain geopolitical changes, how Bitcoin continues to be used, as well as social and political attitudes towards the currency. This is why it is important to be informed about current events and news that affect Bitcoin. By keeping up with how the market reacts to these events, you can make educated guesses on how the trends will continue. You’ll also be able to take advantage of any opportunities that arise from these changes.

[bocyaj]

Bitcoin is the good crypto currency,their is no doubt in that.When their is good demand of bitcoin in the market,you no need to worry about the price of bitcoin.Since their is the demand in the bitcoin,the price of bitcoin will increase to new high in the couple of the days.Their is always some volatile in the price of the bitcoin and the demand.So no need to worry for the small dump in the price of the bitcoin.

[Artem Sereda]

the futures market actually has a high risk for beginners who can't analyze the market well, most people choose to invest long term because they know bitcoin investment is not very profitable for the short term or use the futures market, so to influence the price of bitcoin is also based on market demand not from futures market

The futures market can only influence bitcoin indirectly. Since large holders of bitcoins can watch the behavior of the market and, according to specific indicators, decide to sell or buy the currency. But this action can impact the bitcoin price, depending on the volume.

[SOKO-DEKE]

Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think

it's going to appreciate in the future or they're and they're not transacting with it in their daily lives they're holding it for the long term and because of that type of price speculation, there's a lot of people, especially day traders who use tools or use what's happening on futures markets to determine the sentiment of where the price is going to go everyone wants to have a crystal ball of what the future price of anything is going to be and futures prices you know the last Friday of every month is always volatile because that's when the futures expire and people are basing what's going to happen in the next month on
that particular day so on the short term.
 it can affect the price of bitcoin?

As long as buying and selling continue, there is a good chance that the market price of bitcoin will rise. Just believe the more people are  selling off their Bitcoin investments, more are people also are also buying to invest in Bitcoin. Therefore, if a lot of people with hug amount of Bitcoin in their wallets decided to sell it off, the market price would change, which will lead to lower price of Bitcoin, and if businesses or someone else decided to acquire a hug of Bitcoin, which will also lead to high price of Bitcoin, for sure. In the same way that everyone is focused on 2024 and many people are preparing to invest Bitcoin because they think there will be a scarcity of Bitcoin and there will be high in price according to analysis, if more nations and people can adopt Bitcoin their will be increase in price of Bitcoin and Bitcoin  price will do more than our expectations doing that 2024 to 2025.

So the Bitcoin price  is lovely determined by level of adoption. The people are investing Bitcoin the more price will continue to they high. So probability that the price of Bitcoin will appreciate in future.

[posi]

If you want to ask what affects the price of bitcoin, it can be said that bitcoin is like other assets, the price will be measured by supply and demand, when demand is higher than supply will make the price go up and this is what is happening. The total bitcoin supply is very limited while the demand is increasing daily which will help the bitcoin price to go much higher in the future.

Don't worry with the current situation, why does bitcoin drop so sharply, in addition to the influence of the world economic situation, bitcoin is also in a downtrend, everything will be over soon and bitcoin will soon rise again. If you still do not own bitcoin, this is a great opportunity because bitcoin price is at the bottom, suitable for buying and holding, and profits will be huge when the bull season comes. Take advantage of this moment.

[Nrcewker]

it can affect the price of bitcoin?

Not sure what you're referring to specifically by "it" here?

If you're referring to futures markets, then yes. Because in the back-end, futures markets pretty much consists of buys, sells, and borrowing — in which all 3 affects the markets in their own ways.

One can easily understand how the price gonna affect, if he knows the basic rule of supply and demand . It doesn’t really matter if you are talking specifically about future trades or if people are holding their Bitcoins for long term. As there are fixed amount of Bitcoins out their to be bought, so if more people show interest to buy the coin, then definitely the price will rise and hence this affects the price. Similar things also happen while buying, selling or borrowing.

[ethereumhunter]

I'm a bit confused by what you say. But for you to know that the price of bitcoin will always fluctuate following the supply and demand of people trading. So even if we don't have a crystal ball or can't predict anything about bitcoin, you don't have to worry because you have to buy low and sell high. You can also hold bitcoins for the long term and don't have to think about bitcoin price fluctuations so that will reduce your worries. But if you mean trading futures, it will be very different from trading because there will be risk behind it.

[AmoreJaz]

If you want to ask what affects the price of bitcoin, it can be said that bitcoin is like other assets, the price will be measured by supply and demand, when demand is higher than supply will make the price go up and this is what is happening. The total bitcoin supply is very limited while the demand is increasing daily which will help the bitcoin price to go much higher in the future.

Don't worry with the current situation, why does bitcoin drop so sharply, in addition to the influence of the world economic situation, bitcoin is also in a downtrend, everything will be over soon and bitcoin will soon rise again. If you still do not own bitcoin, this is a great opportunity because bitcoin price is at the bottom, suitable for buying and holding, and profits will be huge when the bull season comes. Take advantage of this moment.

though the simple answer is owed to supply and demand concept. but we all know that there are various factors affecting the price of this top coin. and they have no defined influence to this market. the up and down movement is just normal to any market. only the factors contributing to this movement do change. you can't find concrete answer to this question. it changes thru time.

[tbct_mt2]

One can easily understand how the price gonna affect, if he knows the basic rule of supply and demand .

The Bitcoin market is more complex than other markets and it is smaller than other markets too. Therefore it is more vulnerable and sensitive to market manipulations. In reality, it is more easily affected by manipulations that reduce impact of supply and demand correlation.

It doesn’t really matter if you are talking specifically about future trades or if people are holding their Bitcoins for long term. As there are fixed amount of Bitcoins out their to be bought, so if more people show interest to buy the coin, then definitely the price will rise and hence this affects the price. Similar things also happen while buying, selling or borrowing.

With Bitcoin, it is better to say about it in an aspect of investment rather than trading or speculation. Bitcoin market is too sensitive to news that are diversifying from exchanges (hacks, upgrades, policy changes), governmental policies and regulations to globally general economic issues.

Like the pandemic, we can not predict will it happen and when it will occur. We can not predict too far about future on Earth, everything from society, politics to global health issues.

[Ayers]

One can easily understand how the price gonna affect, if he knows the basic rule of supply and demand .

The Bitcoin market is more complex than other markets and it is smaller than other markets too. Therefore it is more vulnerable and sensitive to market manipulations. In reality, it is more easily affected by manipulations that reduce impact of supply and demand correlation.

It doesn’t really matter if you are talking specifically about future trades or if people are holding their Bitcoins for long term. As there are fixed amount of Bitcoins out their to be bought, so if more people show interest to buy the coin, then definitely the price will rise and hence this affects the price. Similar things also happen while buying, selling or borrowing.

With Bitcoin, it is better to say about it in an aspect of investment rather than trading or speculation. Bitcoin market is too sensitive to news that are diversifying from exchanges (hacks, upgrades, policy changes), governmental policies and regulations to globally general economic issues.

Like the pandemic, we can not predict will it happen and when it will occur. We can not predict too far about future on Earth, everything from society, politics to global health issues.

Possibly, it is because you and me do not have any experience trading, so we find it more advantageous to invest and hold bitcoins rather than to trade or speculate with them. But there are many people who prefer trading to long-term investment because they are skilled, they are confident in their trading ability. I have seen many traders say that they like the short term volatility of bitcoin because they can profit from it while it is very difficult for me. It all depends on the skill of each person to choose for themselves the appropriate form.