Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
I have not seen stable bitcoin price since I am using bitcoin.there is always fluctuation in bitcoin price sometimes it is more and at other times less fluctuation
Same here so I guess there is no answer to that question. Adoption brings in people so it will definitely increase the price which make it move and then there will also people who will sell their Bitcoin that will create a fall in Bitcoin price. This thing happen everyday. So I guess there will be no stable price in trading.
That's why is exciting to trade it. No stable price. You can earn if you are willing to invest when the price is low and sell when it is high. Currently. looks like the price is down again after yesterday. So its good to buy today because you don't know what the price will be tomorrow. The problem is I don't have money to buy it today, but if ever, I will invest it bitcoin for a long term to profit in future.