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What determines the price of bitcoin?

Discussion started on General Cryptocurrency Discussion

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For my price, it feels formed because of the sale and purchase of Bitcoin, so when the market is crowded, the price can be aggressive. And if I observe, if there is a bitcoin bitcoin with a large nominal, it can make the price going up very fast and high, if after the price above and the cukong sells Bitco then many people who buy it or their fine language deceived the price he wants the price will rise Then then the price is actually going down again. So I think this Bitcoin price can be mocked by big people.
#31 - July 13, 2021, 05:33:26 AM

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in my opinion all instruments include the eyes that Crypto, especially Bitcoin the movement is always based on demand and offers, so it's the same
#32 - August 30, 2021, 11:26:36 AM

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It feels all instruments including Bitcoin this is the same which causes the price to move and determine, namely supply and demand
#33 - February 09, 2022, 12:11:45 AM

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The price of bitcoin and other cryptocurrencies is determined by market supply and demand. Factors such as adoption rates, regulatory changes, media coverage, and overall market sentiment can also influence prices. Additionally, trading volume, liquidity, and the availability of alternative investment opportunities can affect crypto trading prices. As a relatively new and volatile market, the prices of cryptocurrencies can experience significant fluctuations in short periods of time.
#34 - March 04, 2023, 12:57:11 AM

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