In many ways, the price depends on the market capitalization. The more people who want to buy, the higher the price.
I think because there are many cheats out there who use bitcoin as their introduction which is the reason why individuals do not trust bitcoin as a result of this reason.
I think the one about the elements that can affect the cost of bitcoin is bad news or FUD that will holders can offer their bitcoin in the light of the fact that they believe that the cost of bitcoin will drop and other factors there are some meetings of the pump and dump which can control the bitcoin estimation