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

[monig18]

There are more than factors who forced to price. These are big whales having Thousands  of Bitcoins.Also FUD is the most character of this Drama. Before price going up or down Rumors are spread out in the market which affect Bitcoin Price.Exchanges that provides margin also put the pressure for liquidation.

[Black96]

Whales actually are the ones manipulating the market since they hold a large amount of Bitcoin ,to favor them pump and dump.

[Altcoin1998$]

I think power of driving force to move bitcoin price towards up and down depends on fully investors and traders activities. If trading continuing increasing then the Bitcoin market also increasing but deceasing price due to decrease of trading volumes.

[atjiat]

I think power of driving force to move bitcoin price towards up and down depends on fully investors and traders activities. If trading continuing increasing then the Bitcoin market also increasing but deceasing price due to decrease of trading volumes.

In fact, if an inflow of investments flows to the cryptocurrency market, as well as to a specific cryptocurrency, and the daily trading volume rises, then the rate of this cryptocurrency will strengthen and rise accordingly. The main task is to recognize in such a process a genuine interest in cryptocurrency or the manipulation of speculators.

[Stuart]

Whales have a big time control over the pumping and dumping of the price of bitcoin, but looking at it, if the whales really control the market, then they will not stay calm for the long time price correction, or deep/bear run of the price of bitcoin. I think bitcoin moves with the buyers/sellers and those who withdraw their coins from the market for profit, Investors at the other hand comes in. Immediately a rich and wealthy/popular man comes in (or makes a favourable statement on bitcoin) there is a surge in price.
I think bitcoin is being manipulated.

[Confero]

I think power of driving force to move bitcoin price towards up and down depends on fully investors and traders activities. If trading continuing increasing then the Bitcoin market also increasing but deceasing price due to decrease of trading volumes.

This is true, and the mentality of Crypto traders in that market has influenced it a lot. And number one is the impact of the news, apart from that I believe whales have a big role to play in this change in the price of Bitcoin.

[marcsymons]

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 ?

For me, the whales can impact the crypto market to some extent and in short-term, but they are powerless to stop the adoption. The more people enter the crypto market is the less influence they have. Therefore, in my opinion they are able to control over the crypto price in the short-term, and won’t be able to keep it long-term.

[Proton]

In order to increase the price of bitcoin, either direct investment in bitcoin is needed, or other people are interested in such investments. In other words, you need to increase the demand for it.

[alltalk]

Yep, whales have the power to manipulate the price of Bitcoin in the market. But I don't know if the whales always win to earn the profits, I assume they should have time to get losses as well. Both common traders and whales basically have the chance to get profits and to get losses at the same time. What they will get? Depends on the whales or the traders their selves. So, not sure with your statement that whales always win in the crypto market.

[Cryptoz]

The price of Bitcoin in the market will really change because of the demand and supply. But there may be also other controls. I think that it is because of the whales. We can see how many whales in the crypto world and they likely always love to control the amrket

[Markuri33]

Bitcoin price suddenly dumping so much again it is seen that suddenly bitcoin price is pumping a lot. In fact, this happens entirely because of investors. Many times it is seen that they invest more or there are many who are holding on by buying.  If the investment or purchase decreases then of course the price of Bitcoin will be dumping.

[Markuri33]

I think power of driving force to move bitcoin price towards up and down depends on fully investors and traders activities. If trading continuing increasing then the Bitcoin market also increasing but deceasing price due to decrease of trading volumes.

Yes, this is exactly the reason why the price of Bitcoin fluctuates. If investors do not invest in Bitcoin, the price of Bitcoin goes down a lot. Many times we see that if the trading volume is too high, the price of Bitcoin goes up overnight.

[XM8]

Yes, brother, you are right.The price increase of bitcoin depends a lot on the demand for bitcoin. This means that when the demand for bitcoin is high, the price of bitcoin increases.And when the demand for Bitcoin is low, its value goes down. Again there are times when different investors The more you invest in Bitcoin, the more the value of Bitcoin increases. But recently The value of bitcoins is rising.

[krypto4uvak]

There is truth in your words. Indeed, the price jumps from how the whales behave. It seems to me that in most cases everything on the market depends on the whales.

[arnold dudicove]

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 bitcoin has changed a lot now compared to 2017. Currently, more and more institutional companies are able to buy in large quantities. This is what then makes the price of bitcoin undergo big changes ...