Please am trying to understand how the systems work that's why I need more clarification from you. I watch this cryptocurrency prices going up and down the axis but often times I ask myself outside the fact that when people made withdrawal it affects the price going down and when people invest high capitals it increases the price automatically but is there some kind regulators like human agents or electronic technology who always do the regulatory price actions especially when trading bitcoin? Or is totally program that way? Only your views please.
The price of Bitcoin is not controlled by human agents nor electronic technology, but one factor which affect the price of Bitcoin is it's demand and supply, i.e the higher the worldwide demand, the more its price tend to increases due to it's limited supply, while if there is a lower demand in the use of Bitcoin, it automatically causes a decrease in price.