I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
First of all, I think investors are investing a lot of money to own bitcon. Bitcoin is gradually replacing real money, owning bitcoin will help investors get a good deal of financing as well as be able to capture the future. As investors flock to bitcoins, they will increase demand for bitcoins, which will push prices up. The amount of bitcoin in the world is limited, so the price push up fast is inevitable. With the current market, the bitcoin price will increase sharply in the coming time, can reach the $ 10000 soon.