Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
Factors that can affect the price of bitcoin there are many but the most influential is the supply and demand. That is, if many users who make a bitcoin purchase then the price will rise. Vice versa, if many are selling bitcoin then the price will fall.
there is another bad news to bitcoin that eventually makes everyone panic selling bitcoin. maybe that's what i know