Why does the price of Bitcoin keep changing?

[ambar33n]

I think it has something to do with supply and demand, people sell for profit and people are buying for future profit, the law of buying low and selling high applies to this right now there are much selling at a low price.
What are your opinions about this?

[Kiran Sehzadi]

 think it has something to do with supply and demand, people sell for profit and people are buying for future profit, the law of buying low and selling high applies to this right now there are much selling at a low price.

[felixesteban]

There will always be someone who buys and sells. That's how the market works. For bitcoin, everyone gives a different price and if understood at a common price, the price will be determined. This process happens over and over again.

[mackinleybhe]

Undeniably bitcoin is already known to be highly volatile and its price movement in the market is unpredictable due to increasing and decreasing of demands with limited supply. And that is the main reason why bitcoin price is changing every now and then.

[Davidniam55]

Because Because of the many people who invest in bitcoin from the world community. so as to make bitcoin price change price. any one buy bitcoin prices will go up Although the smallest amount of buying it will give effect to bitcoin

[ASTRO77]

Bitcoin is not backed by anything and has no intrinsic value.  There are no macroeconomic fundamentals behind it like there are with the fiat currencies of sovereign nations, such as  trade balances, interest rates, or gross domestic product. That means that the price of Bitcoin is determined by little more than supply and demand…and maybe a little hype.

[Ahmad Arwanj]

yes maybe because peminatnya more and more day or otherwise so we hard to predict the price in bitcoin market. so we must really know the strategy for trading.
and know when prices go up and prices go down .

[laiya94]

Even there are so many factors changing bitcoin factors finally supply and demand is the only thing to control the bitcoin price.

[sugarchrisp]

A lot has to do with price manipulation as well.  Some rich backdoor with 10,000 BTC can manipulate the price quite a lot by doing quick dumps and buys back at the bottom.  It's kind of ridiculous to be honest.

[Redhead5]

Undeniably bitcoin is already known to be highly volatile and its price movement in the market is unpredictable due to increasing and decreasing of demands with limited supply. And that is the main reason why bitcoin price is changing every now and then.

Yes, the main reason of bitcoin price volatility is the decreasing and increasing of demands with limited supply that somehow great investors plays a big roles by manipulating the market dropping that turning into the point of panic selling due to marketcap rapidly crashing unpredictably. Volatility and unpredictable behavior of bitcoin plays a big roles of being difficult of its price to be stabilized.

[Raboni]

Shifting of momentum is normal crypto price activity. It simply means there's no stable price of bitcoin. Stable price can result to stagnant motion of the market. Maybe that is why bitcoin always changing in value to maintain the active transactions.

[Huntler1993]

Every individual actually invest in cryptocurrencies to make some profit for himself or herself. Therefore the price will continue to be unstable and volatile in the crypto world since everyone is trying to make his/her own profit.

[Judybrown]

The price of bitcoin depends on demand and supply. If the demand increases and the supply decreases, then the prices will go high but if its vice versa then the price will decrease.

[divine75]

I think it has something to do with supply and demand, people sell for profit and people are buying for future profit, the law of buying low and selling high applies to this right now there are much selling at a low price.
What are your opinions about this?

Mostly people or investor now selling there crypto investment  in order to  recover some of there loosing past few months,due to consecutively drops of price value of bitcoin in the market,otherwise there are some instances that due to panic selling because of red flags situation,the other will carry over also to sell some of there crypto coins because of influence in FUMO (fear of missing out).

[Neechan]

The reasons for the jumps are unclear, but unless there’s negative news, every day, at minimum, the price is likely to rise because of new money coming into the system.