Quote from: Greggry on April 08, 2023, 03:04:35 AM

There are many reasons why bitcoin and other coins price is where it is. When the price either directly or indirectly influence the marketcap the price either rises or fall like the current situation. These are factors that influence the price; source: Crypto Update

1. Demand for the coin:
Where there is a well tilted balance between the supply of a coin to its demand, the price becomes Bearish. The higher the demand, the bigger the price..

2. Total Supply of the coin:
When the supply of a coin is way higher than how much people want it, the price falls. Shit coins fall into this category.

3. Market Capitalization:
This refers to the worth of a coin or token; the total value of all coins mined. E.g. Bitcoin's Market Cap was 729billion the last time I checked..
The market cap moves with the price of the coin..

4. Circulating Supply:
This refers to the amount/part of coins out of the total supply. These number of coins are available for sale and the rest are locked or stored away in the blockchain.

NOTE: Total supply of coins ÷ the coin Market Cap =Price of the coin.

Do not overcomplicate the market. Yes, BTC's fundamental is essential but no ordinary people have the time to delve with it. It is only the transaction between sellers and buyers. Price is determined to where do they are willing to buy and sell. It is a matter of liquidity. The market is driven by the emotions of every people engaged with it. So how can the banks shaken the funds of those people? By fear.

1. Medium high impact news. Wars, pandemic.
2. Seasonal tendencies. Cycles.
3. COTs.
4. Market Correlation: If dollar is higher, risk assets tend to go lower. If dollar is lower , risk assets tend to go lower. With BTC dominance, if BTC is Higher, other coins are going lower.

Quote from: Maxre on April 08, 2023, 09:10:32 AM

Quote from: Greggry on April 08, 2023, 03:04:35 AM

There are many reasons why bitcoin and other coins price is where it is. When the price either directly or indirectly influence the marketcap the price either rises or fall like the current situation. These are factors that influence the price; source: Crypto Update

1. Demand for the coin:
Where there is a well tilted balance between the supply of a coin to its demand, the price becomes Bearish. The higher the demand, the bigger the price..

2. Total Supply of the coin:
When the supply of a coin is way higher than how much people want it, the price falls. Shit coins fall into this category.

3. Market Capitalization:
This refers to the worth of a coin or token; the total value of all coins mined. E.g. Bitcoin's Market Cap was 729billion the last time I checked..
The market cap moves with the price of the coin..

4. Circulating Supply:
This refers to the amount/part of coins out of the total supply. These number of coins are available for sale and the rest are locked or stored away in the blockchain.

NOTE: Total supply of coins ÷ the coin Market Cap =Price of the coin.

I don't know if I should agree with you or not. In my opinion these are the factors that affect crypto mostly and ate listed below 👇👇👇
1: News News Is more important thing in cryptocurrency. A single news can just shake it whole market or a single news can make market like a bull. That's why News Is most important thing
2: Big whales Big whales play an important role in cryptocurrency industry because they can easily manipulate market and thus is not good for the crypto industry.

Agreed. "Big whales" are other terms for the big funds of market makers. They almost set the price for any risk assets because of their large and institutional funds. They set liquidity. SO when they get in, the price fluctuates higher and other investors will get in making the market continue to go higher. When they "big whale" takes profit, Price creates the top or end of the rally, where the retail investors left and lose money.

In crypto whatever is hot, creates hot and fast money. just prevent hot losses. xd.