Post
Topic
Board Bitcoin Discussion
Re: who controls the bitcoin price?
by
why
on 24/03/2021, 03:58:32 UTC
It depends on demand and availability. If demands will be increased, and availability reduced the price will go to moon. when there were no buyers and miners have huge amount of mined coin to sell the price action will go down. so Bitcoin's price is totally dependent on availability and market demand. sometimes whales and influence take down or up the market a little while but it is not remain permanent.