Quote from: Aikidoka on Today at 03:44:17 PM

That's how the crypto market works. In addition to that, there are third-party factors that could affect Bitcoin's price, such as wars or significant world announcements related to Bitcoin and cryptocurrencies in general, as well as events like the halving as far as I know.

Very good, bro. You have raised a high point. I appreciate you expressing your position on this thread. Bitcoin generally depends on supply and demand. And secondly, according to my theory, the most important point is that, as you said, the split effect of the third party is also there in the price factor. I personally believe that the split effects of the Bitcoin price are on supply and demand.

In justification of this, if we look at the price of Bitcoin, the effect on supply and demand is equal to and even more than that, from fundamental aspects. Due to these fundamental events, the same technical effect has been seen in the price of Bitcoin. And those events are the same as you mentioned: there is war, announcements, halving, etc., which affect the price apart from supply or demand, just like bull runs after halving, and due to accidents like war or COVID, the price of Bitcoin is low. The effect has been seen.