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.
Let's start with the basics - price is when demand meets supply and a deal is made.
That's when the price is formed. It's the same in cryptocurrencies. It is the consent of one person to buy bitcoin at a certain price and the counter desire to sell it that creates the ticker that we see on the chart. It would seem that such a simple mechanism cannot be broken, but there are manipulations of the so-called
Walls. This is when a
Fictitious volume of supply or demand appears. And this psychologically intimidates people, which is why they do not buy or sell. At the same time, of course, this affects the price.