What's cryptocurrency?
It's a decentralized encrypted exchange unit.
Most cryptocurrencies are not decentralized and certainly not encrypted (Bitcoin isn't encrypted either).
Demand and supply is a primary factor, there are so many other secondary factors that affects it leading to a change in price, understanding of these allows you make a calculated guess, how exactly the market will react in different scenarios cannot be predicted.
- Jay -
That's true and that's why its almost being impossible to actually get the actual price and movement of Bitcoin in the market although people can still relate to Bitcoin base on its past movement and that's why crypto enthusiast always speculate the seasons accordingly that comes with Bitcoin like the bull and bear season. But even with that the Bitcoin or cryptocurrency market in general is really hard to predict and so many factors involved in terms of the change of the market but some are being actually influence by some persons especially the altcoin and new project.