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.
Very fast price movements occur because many people are afraid of losing profits quickly and if we ask who those people are big investors who keep some of the money in a very large capacity in bitcoin. And that becomes a benchmark for an increase or a decrease in prices.