Topic: Factor behind the rise and fall of Bitcoin price (Read 246 times)
OP, you have answered your own question that it is demand and supply that affects the price of bitcoin. Other forum members have explained to you some points to show you how demand and supply affects bitcoin. This is normal with a product that when the demand for the product is high,the quantity of product will be low to meet up with the demand and producers will increase the price. Likewise bitcoin when bitcoin is limited in supply and the demand becomes high,this will push up the price of bitcoin up. But when we have FUD out there by government or social media on bitcoin, this will make so many investors panic and sell their bitcoin. There will be a lot of people selling off and no one wants to buy,this will bring down the price of bitcoin. Whales can also be bad actors that influence the demand and supply in bitcoin.
The effects of events that occur outside the market will greatly affect demand and supply, for example positive or negative news that has been spread recently, the effect goes directly to the market with demand and supply which can change prices increasingly in an instant. Other effects only complement the situation that occurs in the market, market sentiment or market manipulation will end in supply and demand.
The explanation of the causes of the rise and fall of Bitcoin is based on demand and supply, this condition is a relay from other factors that can affect market activity.
The explanation of the causes of the rise and fall of Bitcoin is based on demand and supply, this condition is a relay from other factors that can affect market activity.
I have seen such kind of topics coming up whenever there is big dip on Bitcoin price. You won't see such topics when Bitcoin creates an ATH 
. The irony here is that people become so ignorant & dumb that they forget the cycle of the market, which is when price goes up it will also go down. With Bitcoin it is hard to predict the price point as in none of us can tell when will Bitcoin go up and upto what price point and vice a versa. Rather asking such question on the forum people can do a simple search on Google to get answers.
. The irony here is that people become so ignorant & dumb that they forget the cycle of the market, which is when price goes up it will also go down. With Bitcoin it is hard to predict the price point as in none of us can tell when will Bitcoin go up and upto what price point and vice a versa. Rather asking such question on the forum people can do a simple search on Google to get answers. Good day my fellow Bitcointalk members, i have been longing to ask this question, so I decided to come to you guys to learn from your wisdom rather than having a random online search which seem confusing most times.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
Bitcoin is mostly influenced by supply and demand in the market but there are other factors that also contributes to the changes in bitcoin price and the news is one of such. When news fly's around about a sudden occurrence in the market such news wether good or bad does influence the actions and inactions of traders therefore affecting bitcoin price to either rise or fall depending.... And these news causes quite a lot of fear, uncertainty and doubt among traders which could lead to making wrong market decisions.Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
The market situation in the past 2 days has been less enthusiastic and what you said about market conditions like yesterday is indeed a big question mark for all crypto lovers. Yes. The market was crawling again to go up and was hit by a strong dump, so that the market was corrected again. Now, for the price of BTC, things like this are heavily influenced by the law of supply and demand, although many relate it to reasons A and B are the causes. if we correlate BTC, it will go up because there is a lot of demand, so the price of BTC will go up and it will be corrected if there is a big sell-off from both Sang Elon and others.
Theres a gap in bitcoin cme that needs to be filled probably will touch down for that level and eventually do a reversal. Market seems to be roller coster ride for now and the fact that this is ghost month right now. Many factors affecting it but mostly through trading perspective. Some fundamental might pulled it down but its obvious that there is not much volume thats why its down.
Some say its influenced by supply and demand but I need more conviction.
This is correct, but it's also not very useful for predicting the price. The price is formed by the current active supply and demand. It changes all the time. If someone decides to dump hundreds or thousands of their coins, they suddenly increase the supply, if they fill the existing buy orders below the current price, the price will go down. If someone brings a lot of fiat and starts buying BTC from the market - they increased demand and the price goes up.
It's hard to predict where the price will go, because you can't predict the actions of thousands or millions of individuals. You can't predict how people will react to certain news or to market events. Sometimes Bitcoin is correlated to other markets, sometiems its not. Sometimes it reacts to global events, sometimes its not.
We know that Bitcoin tends to have long-term trends, but those trends might not repeat in the future.
So many people try to get definitive answers of why the price goes up or down, what it’s reacting to etc. The answer is many things affect the price, both positive & negative news or events can have an effect. It will always settle though & one bitcoin will be worth what the market deems its value.
Firstly you can actually get information for searching, you would get multiple information but you can reached a good level of understanding and then can ask your question here on the forum.
Concerning your question I believe you are not leaving under a rock I also believe that you have seen some product increase in price, take for instance a basket of tomato during it season and it's rampant the price is low but during off season or scarcity the price increase. That's because the supply has reduced but the demand for it went up. Same with Bitcoin demand and supply chain.
Concerning your question I believe you are not leaving under a rock I also believe that you have seen some product increase in price, take for instance a basket of tomato during it season and it's rampant the price is low but during off season or scarcity the price increase. That's because the supply has reduced but the demand for it went up. Same with Bitcoin demand and supply chain.
Good day my fellow Bitcointalk members, i have been longing to ask this question, so I decided to come to you guys to learn from your wisdom rather than having a random online search which seem confusing most times.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
You don't need to be confused about the reasons why bitcoin prices change continuously, if you study economic concepts then you will know the basic things that affect bitcoin price changes at any time and that is no different from price changes that occur in other investment instruments such as gold and property, besides that the role of the government also greatly influences the demand and sale of bitcoin in the market, when there is a good issue from the government regarding bitcoin and altcoins then immediately the price of bitcoin will change, besides that the factor that most often affects the price of bitcoin is the halving moment which usually occurs every 4 years once, when that happens then the bitcoin price will change drastically. Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
I think the major factor that moves this market is manipulation. Manipulation in the that it may be real or actual manipulation just to push hodlers mind to a direct usually to fear so they could dump and the whales buy in more or they push hodlers to buy more and the price move up for the whales to dump and crash the market. This is a simple fact about the demand and supply of btc. So it will depend on you if you want to follow the crowd or you are determine to follow your own personal conviction.
We can only give simplified explanations to this here, but demand and supply is a complex and is regulated by many other factors which can drive the price up or pull it down.
The very reason demand and supply is always represented in a curve like chart, this pictorial representation shows basically three factors Demand, supply and elasticity. But behind this three factors are hidden trends that triggers this moves. Take demand for example been that Bitcoin is a highly speculative asset class and highly volatile, there could be draw backs in demand and if the demand falls it will always result in a directly proportional draw back in supply thereby affecting the percentile change in the quantity demanded.
Good day my fellow Bitcointalk members, i have been longing to ask this question, so I decided to come to you guys to learn from your wisdom rather than having a random online search which seem confusing most times.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Supply and demand in the market is a basic influence that always exists in every market, so it is very common so everyone only needs to know other factors that can also affect the market and affect the increase and decrease in Bitcoin prices in the market. And I've seen in the previous year that the price of Bitcoin is also always affected by bad events and also bad news which can make many people panic.
So that factor can also be the cause of the decline and increase in the market for Bitcoin apart from the demand and supply sector which is already the basic influence for anything. I am sure that over time you will also see the effects arising from events and news for Bitcoin so that you yourself will realize that basically there are several factors that can cause a decrease and increase in the price of Bitcoin.
Good day my fellow Bitcointalk members, i have been longing to ask this question, so I decided to come to you guys to learn from your wisdom rather than having a random online search which seem confusing most times.
As a comparison you should also need to look for random answers in various existing media, so that there are many considerations that can be analyzed regarding the process of rising and falling bitcoin prices and the more you read, the more insight you will have on the issues you want to know.Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
The laws of demand and supply are two things that cannot be separated from all forms of products that have a sale value and both are always influenced in any market including bitcoin. Another reason may be that some events occur which may affect global financial stability, market sentiment, Fud news and others. But sometimes the process of decline is not always affected by it, more precisely it is the process of supply and demand that might work bigger in terms of the rise and fall of bitcoin. Some say its influenced by supply and demand but I need more conviction.
Good day my fellow Bitcointalk members, i have been longing to ask this question, so I decided to come to you guys to learn from your wisdom rather than having a random online search which seem confusing most times.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
Fear, Uncertainty, and Doubt (FUD) is the reason why the demand for Bitcoin drops which ultimately leads to a drop in the price. When there is unfavourable news about the sector investors begin to sell off their coins which drags the price down. Unfavorable news like potential hacks, sell off by major investors, country bans, and strict regulation, are all instigators of FUD. But favorable news like bitcoin adoption by nations or big corporations, Bitcoin halving, and flexible policies will lead to higher demand and less selloff. The bottom line is that just like every other good or service if there are more sellers the price will drop, but when there are more buyers than sellers the price goes up. Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
There are threads in your local board that discuss on this issue, why discuss there instead of coming here to create new topic. This topic is talking about the same thing https://bitcointalksearch.org/topic/why-bitcoin-dey-come-down-5463693 and also. Well if you must know. As others have highlighted it, let me also put my mouth. Even though bitcoin is decentralized in it operation the my price is still influenced by the whales because the more bitcoin acquired by people, the more the price rise and the more people left, the more it reduce so yes the buying and selling by whales have an influence in it.
Good day my fellow Bitcointalk members, i have been longing to ask this question, so I decided to come to you guys to learn from your wisdom rather than having a random online search which seem confusing most times.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
Please I want to know the factor behind the rise and fall of Bitcoin price?
Some say its influenced by supply and demand but I need more conviction.
Thanks in advance guys.
News play an important role for the rise and fall of Bitcoin. Bitcoin is very volatile since most of its traders and investors are very sensitive on a little bit of news. This is a double edge sword since Bitcoin price dump hard for a big issue in crypto such as FTX and Luna saga even though Bitcoin is not directly connected to it. While this kind of sensitivity is good too whenever there’s a hype in the market such as the ET application of Blackrock which is not yet effective yet people keeps buying due to the news.
Supply and demand is still one of the reason of rise and fall especially if there’s already an established trend in the market. S&D is a constant factor that affects the price changes on any asset.
Economics is universal for any product. The more people desire it, the more the price increases and the less people desire it, the lower the price. With the supply the reverse happens, the higher the supply the more diluted the product is in the market and the lower the price.
Both have to work together however, if there is no demand for a product, the price will be low no matter how scarce it is.
We can only give simplified explanations to this here, but demand and supply is a complex and is regulated by many other factors which can drive the price up or pull it down.
- Jay -
Both have to work together however, if there is no demand for a product, the price will be low no matter how scarce it is.
We can only give simplified explanations to this here, but demand and supply is a complex and is regulated by many other factors which can drive the price up or pull it down.
- Jay -
Supply and demand factors impact market sentiment due to various occurrences that can affect the price of Bitcoin positively or negatively. Market sentiment occurs automatically without anyone being able to control the increase and decrease in the price of Bitcoin. The negative issues raised in various media also greatly affect supply and demand. As happened today, the price of Bitcoin began to fall due to whales releasing their assets on a large scale. Supply and demand are part of the factors that occur (Negative) and (Positive).
Some say its influenced by supply and demand but I need more conviction.
It is not merely influenced by that. It is defined. Every thing that has a price is defined by that. Food, houses, gold, reputation, labor. What you want to know is what influences those two. Well, in the Bitcoin world, where supply remains the same, we can be sure it cannot be influenced by anything. So the price is determined by the demand only. There really is not a standard way to understand why demand rises and falls, which is probably why ordinary traders cannot make money easily out of buying and selling this.
Jump to: