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In fact, the price of Bitcoin fluctuates based on people's investment needs. Those who think that the price of Bitcoin can be driven by electronics are completely wrong.
Actually, that's not entirely wrong. Bitcoin is also influenced by electrolytic technology although only a few percent.
We should also know that Bitcoin is based on Blockchain technology that is encoded with mathematical algorithms in a globally distributed computer network.
It will also play a role in maintaining the security and integrity of the Bitcoin system electronically.
And for some bots that are used by other people or trading companies, they are just bots that execute based on what has been ordered in it.
And the interaction between supply and demand in the Bitcoin market is the main role that affects the price of Bitcoin.
Some of them are also about government policies, economic events, good and bad news, and global market conditions.