well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?
i. BTCbitcoin whalesBTC
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers
The highest probable responsible person/factor for that is the bitcoin whalers. They were the one's who were utilizing a lot of bitcoin through buy and sell or trade and from that the value of bitcoins fluctuations varies from it. Though other factors can affect bitcoins but still those tycoons had the biggest influence of them all.