But I don't sure understand of main reason for increase bitcoin price.
in my opinion, there is no main specific reason for why is bitcoin increasing i think it is the mix of little bit of everything why bitcoin is increasing we have well expected for bitcoin to do well in 2025 because of the cycle but events like trump endorsing bitcoin and/or companies buying bitcoin or etfs being approved these definitely help as well
Most of the crypto users believe that Donald trump also support bitcoin, which will be main reason for increase bitcoin price. But I think that 2025 will be best valuable crypto year for cryptocurrency world.
not only for bitcoin but other altcoins as well or at least a lot of people are hoping since bitcoin typically set the general mood for the rest of the market people who hold altcoins are hoping they do greatly as much as bitcoin
There are always reasons for Bitcoin/altcoins prices changes, that is, an increase or a decrease over times. As a matter of fact, Bitcoin price increase or decrease is caused by certain factors, and the most common factor is the demand and supply principles. The demand and supply principle are the major factors or reasons for price changes at intervals.
However, based on the blockchain, Bitcoin chain has a usual circle that also affect the demand/supply factors, fortunately, many traders, investors and holders follows and alliened themselves with this circle to determined their long or short term entry positions. With the circle completing within a four years intervals, it is most likely that traders, investors, Holders may take advantage of the circle to plan for their entry and exit strategies which subsequently affect the demand/supply of Bitcoin/altcoins in my opinion.