Topic: Reason of increasing bitcoin price - page 4. (Read 3293 times)
I think this might help your analysis
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The current reason why bitcoin price increase is due to the adoption of Bitcoin in Japan. There is a thought that Japanese are having a fomo right now because of the current acceptance of Japanese government plus the removal of consumption tax to Bitcoin. There is also some new about major company in Japan moving in to join Bitcoin economy. Aside from that, the announced SEC review on ETF decision is quite pushing the price too.
In predicting the price of bitcoin, we can have the news and certain action of big player in the industry. They are good reference for bitcoin price movement.
Good information thank you. So this is for reason why bitcoin prices keep rising and rising, but I still have questions, whether prices bitcoin still can fall over?
I see a bitcoin increase or decrease depending on the trading platform. In 2016, the hacked bitfimex floor of hackong led to the bitcoin price to the bottom. If you want to increase bitcoin prices mainly depends on the amount of transactions worldwide. I think so, give me a better idea.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Do you think that it is difficult to predict the bitcoin price?
Also do you think that anyone have perfect think to predict about the price high or low?
I suggest you, no one have perfect think about predict, we only see the price and guess about it and also see the articles, conversation of the people and see the market value of bitcoin price, than you could easily guess about the price is going high or low.
Perhaps the reason is that many require bitcoin so that prices always go up and in the market prices start to increase.
i don't know who can tell sure btc price. i can some guess.
i think-so btc rate is down for some time are not few time. after some time btc pric increase. it's my guess not sure.
i think-so btc rate is down for some time are not few time. after some time btc pric increase. it's my guess not sure.
Japan - this is the main factor that causing the price of bitcoin to really rise like we never seen before. @ OP, Are you quite surprise to see this price rose? You are not the only one. I though this is just a temporary, but it looks like this is for real. We only hope that this is sustainable, because we all know that bitcoin price is so volatile that a simple negative news will cause the price to hit rock bottom again.
there is always a lot of factors contributing to bitcoin price rise. most of all is traders (in other words speculators) buying more bitcoin because they expect price rise because of other factors and that leads to higher price.
now all the other factors usually include some sort of adoption. for example as it was mentioned the adoption in Japan is one of the main reasons. also there is a hot news about bitcoin ETF which can potentially show bitcoin as a reliable and legit investment and can lead to more people investing in ETF and alternatively in bitcoin directly too.
now all the other factors usually include some sort of adoption. for example as it was mentioned the adoption in Japan is one of the main reasons. also there is a hot news about bitcoin ETF which can potentially show bitcoin as a reliable and legit investment and can lead to more people investing in ETF and alternatively in bitcoin directly too.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Noone knows for sure, too many factors.As of predicting price, same thing. Its impossible to predict, thats why its impossible to profit from it with 100% chance of success
As far as i know its pump and dump done by whales(large amount of bitcoin holders) which controls somewhat price of bitcoins. however its not only bitcoin but other altcoins too who got increased with the price of bitcoins. Dogecoin the currency almost seems to be dead is now 3x-4x the amount it was 2 months ago. So it depends upon a lot of factors.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Noone knows for sure, too many factors.As of predicting price, same thing. Its impossible to predict, thats why its impossible to profit from it with 100% chance of success
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
It is hard to predict as to what will be the cause to the movement of bitcoins price in the market. But there are some clues that will tell us that something will happen. One thing that you should consider are the articles and news that talks about bitcoin. If you are reading constantly the latest news on bitcoin then you can interpret and tell as to what will be the movement of bitcoin. If the news are bad then expect that the value of bitcoin will go down, but if the viral news is good such as countries adoption of bitcoin then expect increase in bitcoins value.
your information is really good and also acceptable. Thank you very much!
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
It is hard to predict as to what will be the cause to the movement of bitcoins price in the market. But there are some clues that will tell us that something will happen. One thing that you should consider are the articles and news that talks about bitcoin. If you are reading constantly the latest news on bitcoin then you can interpret and tell as to what will be the movement of bitcoin. If the news are bad then expect that the value of bitcoin will go down, but if the viral news is good such as countries adoption of bitcoin then expect increase in bitcoins value.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The current reason why bitcoin price increase is due to the adoption of Bitcoin in Japan. There is a thought that Japanese are having a fomo right now because of the current acceptance of Japanese government plus the removal of consumption tax to Bitcoin. There is also some new about major company in Japan moving in to join Bitcoin economy. Aside from that, the announced SEC review on ETF decision is quite pushing the price too.
In predicting the price of bitcoin, we can have the news and certain action of big player in the industry. They are good reference for bitcoin price movement.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
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