Who have the power of driving force to moves bitcoin Price ?

[Seerge]

in any case, the big whales have always had the opportunity to influence the cryptocurrency market. But these people were joined by the larger owners of Bitcoin investment portfolios, So the power of driving force to moves bitcoin Price depend on market situation.

It's true that Big Whales still has great control over changes in the price of Bitcoin in the market, we can't fight it and what we need to do is take advantage of every change in the price of Bitcoin. And we have to seriously study in order to benefit from every change in the price of Bitcoin.

[UNIVERSE]

Some people may say that they are the whales. However in fact, the whales cannot also determine fully the Bitcoin market because there may be many whales in the world. And every whale has their own condition and goal for it. So, it will really depend on the market itself.

[aiviaa485]

Famous people like Elon Musk or big companies that can power Bitcoin.
Bitcoin if which is owned by one person and with a large number then Bitcoin can be manipulated.
I am very afraid that Bitcoin is owned by a large number of companies because they are able to increase and decrease the price of Bitcoin on their own accord.

[Sammy9ce]

Basically bitcoin price pump or dump it is depend on the buyers buying movement. We know that whales always win in trading in cryptocurrency, its the reality things happened that We cannot deny. I just want to know the fact form you. What is your opinion about it ?

Just like every other cryptocurrencies or commodity, bitcoin price is solely determined by the supply and demand for it, there won't be any pump in price if the demand for it is low, but if the demand is high you will see the price pump, also fundamental analysis and technical analysis is needed to help determine the future price of bitcoin.

[Dora Walletinvestor]

in any case, the big whales have always had the opportunity to influence the cryptocurrency market. But these people were joined by the larger owners of Bitcoin investment portfolios, So the power of driving force to moves bitcoin Price depend on market situation.

It's true that Big Whales still has great control over changes in the price of Bitcoin in the market, we can't fight it and what we need to do is take advantage of every change in the price of Bitcoin. And we have to seriously study in order to benefit from every change in the price of Bitcoin.

I agree, the existence of whales has a big impact on prices. But more and more small investors are buying in, so I see a possibility of that changing in the future.

[Suma Islam]

people were joined by the larger owners of Bitcoin investment portfolios, So the power of driving force to moves bitcoin Price depend on market situation.

[Brithyislam]

cryptocurrencies or commodity, bitcoin price is solely determined by the supply and demand for it, there won't be any pump in price if the demand for it is lowAnd we have to seriously study in order to benefit from every change in the price of Bitcoin.

[satpol_PP]

Basically bitcoin price pump or dump it is depend on the buyers buying movement. We know that whales always win in trading in cryptocurrency, its the reality things happened that We cannot deny. I just want to know the fact form you. What is your opinion about it ?

I think demand and supply are the main factor that control bitcoin price. Although several People said whales also control the price, negative issue has effect to crypto currency. I think thats right, there are several factors.

[Angel jara]

I think the steering wheel of Bitcoin is currently held by various investors. Seeing that investors are regularly investing in this platform,The more investors there are in the market, the more bitcoin prices will continue to rise.  And its popularity will increase so far the popularity of Bitcoin is much higher.

[Angel jara]

bitcoin price is solely determined by the supply and demand for it, there won't be any pump in price if the demand for it is low, but if the demand is high you will see the price pumpI am very afraid that Bitcoin is owned by a large number of companies because they are able to increase and decrease the price of Bitcoin on their own accord.

[Senin]

In order for Bitcoin, with its already high price, to continue its price growth, it is necessary that investors continue to invest billions in it. The further, it will become more and more difficult. Investors, quite reasonably, should be afraid that after that bitcoin may go for a long correction and their money will simply disappear.
Bitcoin is becoming more risky to invest. It's time to pay attention to other cryptocurrencies. There are a lot of potential altcoins now and this is the main path of cryptocurrency development.

[Shahinaz]

Basically, there are 2 or more people who move the market, who make transactions, where the transaction has an up and down impact.
but in the case of bitcoin, I think due to limited stock, the previous owners played the price, and the victim was a potential new buyer.

[Muneeb22]

In the market just the whales will run the market and when they want they move the crypto coin on the upside and when they want they down the market. Crypto market is the world best and great market in which peoples will earn good amount of money in a short time.

[IyemRoker]

No one can turn up and down the price of Bitcoin because Bitcoin is owned by everyone and is open to the public as well as to be traded, anyone can sell and buy Bitcoin at any time, whether it's cheap or high prices.
And I'm sure that even famous people will not be able to give a definite price to go up and down, unless there is a slight effect that makes prices go down and up and usually it is caused by famous people.

[Afony]

Only whales who hold a huge number of tokens can lower or raise the price of bitcoin. Of course, altcoins can affect the price of bitcoin and it will follow them, this is a complex manipulation, but it can happen.