Topic: What factors make Bitcoin rise again? - page 12. (Read 2432 times)
So far it seems like the whole market is based on sentiment and whale manipulation
A lot of reasons why bitcoin's price is rising. If some good news have been exposed about bitcoin as cryptpcurrency, it somehow affect the price. Another is that, when a big name in business industry merged with bitcoin or somehow allow bitcoin on their prestigious company, the probability is high for the bitcoin's price to increase.
Well there are many factors that bitcoin market price to raise again. But the most common of it is the people who invested on bitcoin directly which will add up to marketcap volume and this will identify the market price increase. If marketcap volume is huge then the percentage of bitcoin market price increase is huge also. Aside from that it could be becuase of those altcoins who are indirectly promoting bitcoin by having an exchange with bitcoin and this will help promote bitcoin in the process of trading these crypto.
There's a lot of factors why the price of thw bitcoin rise again and I believe it will connected to each other first is the good news about bitcoin and if many people see the old bitcoin will invest again and the interest people will convince now to invest and they have partners now of bitcoin.
I think if people start using bitcoin and they should make investment in this currency and crypto is making good progress and i hope that these are the factors which show a positive change in the crypto market and bitcoin will rise again,
Several factors can make bitcoin to rise again even faster than we think ,they main one is when people hold it for long and not just after dumping it at every rumour they hear
I think one of this several factors that may increase the value of bitcoin again is those people who are investing to the bitcoin who buy a large number of bitcoin and this leads to the higher demand of bitcoin, and due to his higher demand of bitcoin the demand also in the market becomes higher too.The factors that i only think of for bitcoin rise again it's the people who are involved on bitcoin people that who have trust in bitcoin investing there coins for the better future and even the government and getting higher every year it also known all over the country that's why no have question bitcoin it's getting rise again.
the increasing volume of trading will simply affect the value of bitcoin will rise. because bitcoin needs high trading volume to increase the bitcoin capitalization in the market.
'Well an increase in the trading volume in the sense that more people are buying up bitcoins but not the case when they are dumping for something else because whenever there is an increase in trading volume the net effect could be either a rise of fall in bitcoin value.
More buyers. Bitcoin price goes up.
More sellers. Bitcoin price falls.
do you think only the volume of purchases and sales volume that could affect the volatility of bitcoin?More sellers. Bitcoin price falls.
I think your comment does not match the condition of bitcoin today. topic makers ask about more specific, why today bitcoin rises?
if you see, that today there is no FUD, no panic, no hacking exchange, and a lot of support from some big investors.
the increasing volume of trading will simply affect the value of bitcoin will rise. because bitcoin needs high trading volume to increase the bitcoin capitalization in the market.
I think there are several factors of bitcoin growth, one of these several factors that can again increase the cost of bits. These are those people who invest in bitcoins who buy a large number of bitcoins, and this leads to a higher demand for bitcoyne, in addition, if bitkoyn increases the demand, then the bitcoat price will also increase and this is the chance for users to make more money.
Simply more people bought the bitcoin at that time which made its demand higher and also the prices,but still we don't know that this is the start of that bull run or just a temporary bump before a huge dump in near future.BUt now the prices are gradually decreasing so we may see the prices again back up to $6000.I found that the sharp price rise happened because of 1 billion USDs enters into the crypto market at that time,maybe because of whale,right?
The bitcoin price rise, the related factors are the number of usage to increased world wide such as it can be useful for investment,transaction media,shopping local and international,service bill payments, and the day trading etc.Above all the bitcoin should attract the confidence of the investors and the general public etc.If any country is effected the financial recession their government currency will be under inflation and such situation people can be used bitcoin or the crypto currency as an alternative .in such condition its price can increase.
More buyers is the first factors to make bitcoin rise again.
We can see the market are in a dip and most of people here are panic, cause of selling their bitcoin that's why bitcoin price down more. Now the value are slightly increased from to $6K it move up to $7K+ and we're not sure if it will continue to increase.
The bitcoin price rise, the related factors are the number of usage to increased world wide such as it can be useful for investment,transaction media,shopping local and international,service bill payments, and the day trading etc.Above all the bitcoin should attract the confidence of the investors and the general public etc.If any country is effected the financial recession their government currency will be under inflation and such situation people can be used bitcoin or the crypto currency as an alternative .in such condition its price can increase.
More buyers. Bitcoin price goes up.
More sellers. Bitcoin price falls.
Yes, that is the basic thing the trader would ever know and people in here doesn't usually got FUD because there is more sellers than buyers. More sellers. Bitcoin price falls.
One of the main reasons for the sudden increase in bitcoin prices is the information CBOE has submitted to the Securities and Exchange Commission (SEC) about its bid for a Bitcoin ETF. and if passed. I think the market will have a long term uptrend
More buyers. More sellers.
Halving. It will make Bitcoin ever more scarce which will result in rise. Halving happens around every 4 years, next one is in late 2020.
Undoubtedly, the increase in the price of Bitcoin is mainly due to the growth of demand for the currency, this demand is increased due to factors such as: promotion, security and acceptance of the currency.
many factors that makes bitcoin rise and down, the main factor is the demand of bitcoin, as we know in 2017 the demand of bitcoin is very high and i think that bitcoin price rise up right now is because the demand of bitcoin demand is high until right now
What factors make Bitcoin rise again?
Normally the demand will make the bitcoin to rise again and how to make the demand higher? by having news that are making the people wants to buy more and feel FOMO through positive news such as adoptions and approvals.What approval? and that is the one of the most awaited on August 10, the ETF approval.
Will it continue to rise?
Yes. Jump to: