Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether.
When BTC goes on these price range like today, it is now very noticeable affecting emotions or attracting other investors and individuals, thus may trigger more demands.
BTC price is bound to go higher, as the supply is not constant and becoming more slimmer in the long run (Halving)