Bitcoin is controlled by people like you and me who believe in Bitcoin and want to collect Bitcoin. If we all start selling Bitcoin then it will definitely go down in price. And if we continue to buy Bitcoin without selling it, its price will definitely go up. And it always happens that everything depends on people like us.There is no miracle behind it he he
But the question is, who is controlling the crypto market or the price of bitcoin.
I must say, there are many investors now, big institutional investors and even some governments in a few countries have been investing in bitcoin now because they saw the potential and I think, they are one of the causes who are controlling the market price when they sell, the market will move and when they bough bitcoin the market also has a reaction.
Actually, no one controls the market, when there are also a few people who get FUD and panic selling, they will create a longer bitcoin price movement.