What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:
1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin
For discussion for the above mentioned. You can check this link:
https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
There are a lot of things that can affect it's price, it's not something where we can write some specific factors.
For example imagine any exchanger stopped withdraws, it will affect price. Or BitFury/Bitmain closed, created new and more powerful antminer...
Also halving, it playes the most important role too, we got this rising after some months from halving.
The value is considered as a huge development of bitcoin so definitely Will be the best thing at all in my opinion too.