There are a bunch of preconceived ideas about the aspects or justifications that affect the price of Bitcoin. I will give you some illustrations: Contest; Cost of production; Supply and Demand; Restrictions and Legal Matters etc.
In your statement or ideas, what are the elements that can influence the price of bitcoin?
It is simple- supply and demand. On the supply side, there is a limited supply of 21 million bitcoins. Despite this, it is more scarce and there millions of bitcoins that are lost. We know that some people may have lost their private keys etc While on the deman side - market sentiments is what drives it.
When there is hack it affects price, when businesspeople try to make bitcoin more accessible to the public the price of bitcoin is affected. etc These are to the best of my knowledge the factors that affect bitcoins price.