Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
We can't predict the bitcoin price. But I think the reason why they dumped bitcoin price and pumped easily is because of the News. I think some people manipulate news and If there's a good news the bitcoin will pump, and If the news is bad the bitcoin dump.
That is how bitcoin is very vulnerable to the news and for a few little change, the price is very vulnerable and because of just small things it can either goes up very high or goes down very hard. There is no one can manipulate the news because people now are so smart and they can find out if the news was legit or not so i think we just need to get used to it.
You need to take into account that moment that you can be manipulated by those users who have sufficient large resources in Bitcoin. Creating a large demand on the exchange, the price drops, and this is the moment when you can buy at a low price of the crypto currency, and the next moment, buying up the price rises.