Can you tell me what affects the price of btc ?
Why is the price up or down?
Most of you would advise me to learn how to read charts.
So the price of btc up or down depends on the chart ?
Bad news is over, why btc prices can not increase again? The fear of new investors may be a reason. Since btc is not a real company, we can not have financial statements to buy or sale.
Price up from 6k to 7k this morning. why the price go up ? i'm confused now.
In short the answer would be demand for it. There is numerous factors that affect the price, like advancement in technology, news outlets, and realization what bitcoin actually is. Because of its matemathical and economical settings it will become more valuable as time passes. If everything goes well ofcourse