What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:
1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin
For discussion for the above mentioned. You can check this link:
https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
As long as Bitcoin will be heading back up again I don't have any problems of waiting for a bear market. I know that I will go up again and everybody can still be FOMO back to the market.