The rise of bitcoin is driven by many factors. In the end, the rise of BTC prices is due to the increasing perfection of its investment attributes. BTC no breakthrough in usage scenarios, but as an investment, BTC has already is an important investment target, whose nature is more and more like gold, its use value is no longer important, important is its increasingly recognized as an investment.
The rise in price of bitcoin is affected by the supply and demand. If the demand is less then the price will decrease and vice versa. It depends on the amount of btc dug up day by miners. Its speaks to the market demand for this bitcoin paradigm