Is regulations among the key factors that affects the price of Bitcoin
Of course. Regulations affect many things. Institutions or individuals who will invest in Bitcoin make their investments within the framework of these regulations. There are many factors that can determine the Bitcoin price. These regulations may also include decisions that drive Bitcoin adoption. This can have a positive effect on the price. At the same time, we can see that the price decreases in the face of a negative regulation.
The investor can buy Bitcoin according to his own decision, but he decides by being affected by the events and regulations.