How does Bitcoin raise

[Aaron625]

When more companies and investors buy bitcoin , the price will rise and if they sell at low price , the price will reduce. Especially the crypto whales are largely responsible for bitcoin high or low.

 

[Emmado]

Sure , so at the moment for the coin to rise as fast as possible huge investment and favourable news updates needed to be shared for such to take place.

I think so, I did not really have much idea about it , that a lot of work for me to do in cryptocurrency because I need to go into a serious research to understand fully what cryptocurrency is all about and how we can invest wisely without losses.

 

[Kunkun]

It's true Bitcoin rises and falls too and it's due to the volatility of it and also the rises would still be tied to the demand and supply of the market too as that is another factor

 

[Setho]

the bitcoin price is determined by a host of some factors such as its use case, the market cap and the amount that it is in circulation but most especially use case.

 

[ahmedo24]

the bitcoin price is determined by a host of some factors such as its use case, the market cap and the amount that it is in circulation but most especially use case.

These are actually the basic factors that makes bitcoin to rise and fall most times except for few occasions where other strong factors influence the rise and fall of bitcoin.

 

[Alexandoy]

Bitcoin is a commodity that is under the jurisdiction of the law of supply and demand. When there are many buyers in the market the price of the commodity increases and vice versa. Right now there is the drop in prices which means there are fewer buyers of Bitcoin, if there is any.

 

[Justin]

Every day new bitcoins come into the market (through mining), if there are no buyers for these coins, the price will stay low, and if there are buyers the price starts going up.

 

[jeff87]

Well as the Bitcoin I know raises may be because of the higher rate people invest on it and the way they put trust on it

The price of bitcoin goes higher when there are many traders who buy than the traders who will sell. The price goes down when there are more sellers than the buyers. Its simply the law of supply and demand.

 

[tyrim88]

Truth be told - no one knows! If you'd like to go into bitcoin though, you should make sure that you're doing as much research as possible! Depending on the market at the time you're reading this, it might be the perfect moment to purchase Bitcoin - or the worst time, too!

The cryptocurency trading market is a volatile one,and how the price movement actually happen is based on the market forces of demand and supply.Fluctuations do make the price to shift grounds most times due to some restrictions in state policies of some nations.

 

[Thinker009]

The Bitcoin price based on the factor and infulence of demand and supply , if there are more demand than supply , then we might see the price rising high

 

[Josemendez]

The Bitcoin price based on the factor and infulence of demand and supply , if there are more demand than supply , then we might see the price rising high

Presently , it has been shown that apart from demand and supply , the price of cryptocurrency can be affected by certain countries regulations.

 

[Bousine123]

When more companies and investors buy bitcoin , the price will rise and if they sell at low price , the price will reduce. Especially the crypto whales are largely responsible for bitcoin high or low.

Just like the forex market, the cryptocurrency market is also affected by trends and news, but this time in a more different sense I will say.

 

[delnovem]

Bitcoins have value because they are useful as a form of money. In the case of Bitcoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, bitcoin's value comes only and directly from people willing to accept them as payment.

 

[Nemma]

It's just the law of demand and supply.. The high the demand the higher the price... Cryptos are been pumped by some big fishes and it equally affects BTC

 

[Yusuf]

How Bitcoin rise is just like the law in economics about demand. If a lot of people buy Bitcoin, the price will go up and if they sell the coin the price will also go down. Thant is what they call Volatility in the business

 

[Hena101]

The reason why bitcoin price rise is something that no one can say exactly why but i think is because of the way people are investing and trade in the market.

 

[Didosky]

There was a time that Bitcoin fell drastically, bitcoin as we all know is a very popular coin and as such the price of Bitcoin is determined by investors. It rise and it falls.the more people buy it the more it goes up and also the more people sell it the more it goes down so if you wanna invest in it just know that it is a profit or a lost situation

 

[Thinker009]

Presently , it has been shown that apart from demand and supply , the price of cryptocurrency can be affected by certain countries regulations.

After been affected by the country regulation it would still be faced by the demand and supply , it's definitely the process

 

[Josemendez]

After been affected by the country regulation it would still be faced by the demand and supply , it's definitely the process

The point here is this , the policies set by various countries can affect the cryptocurrency world because it can make people to sell their coins in order not to incur loss due to the policy.

 

[Dowenship]

Well as the Bitcoin I know raises may be because of the higher rate people invest on it and the way they put trust on it

No.... bitcoin rises based in two things fundamental analysis and technical analysis. Fundamental analysis is based on the news sources to either cause FUD or fomo to traders and investors.