Why is the price of Bitcoin rising so much?

[Sasa]

Bitcoin is a virtual currency. Bitcoin is the number one cryptocurrency.Demand for this specialty has grown significantly as a result of recent corporate scandals.Bitcoin's popularity around the world has multiplied and the number of Bitcoin investors has increased. Since the market The demand for Bitcoin is high so the price of Bitcoin is rising very fast.

[Muneeb22]

Still Bitcoin is on low price but soon it go high more becasue in the crypto market still the Big bull is not start soon it is going to start and the Bitcoin touches the 200,000$ that time.

[Crypto Banglu]

Bitcoin is the number one popular cryptocurrency in the world. Bitcoin is very popular and the popularity of Bitcoin is slowly increasing. Bitcoin is called the king of the cryptocurrency world. Bitcoin is being invested more. Bitcoin is being traded more. I think that's why the price of Bitcoin is rising like this.

[robert20]

BTC price is increasing because more and more people are investing in crypto. Many companies are investing in crypto so that crates a news in tv which makes a big number of people know about crypto.
No idea where BTC price is going to stop it can also touch 100k this time.

[eldial]

Bitcoin price rising so much because I think the efforts of all members in the cryptocurrency  unite there works as a good establish of all the investors predict there own money in the market become a higher value despites of pandemic season .

[Giangphuong8489]

Still Bitcoin is on low price but soon it go high more becasue in the crypto market still the Big bull is not start soon it is going to start and the Bitcoin touches the 200,000$ that time.

Currently, the price of BTC has risen again to over 59 thousand dollars, possibly due to the full reduction and the Fed has not raised interest rates, making all markets benefit. It is expected that this time we will see BTC make a new high because in the past 24 hours the price has increased by nearly 6%. This correction is shorter than we expected.

[Btceth01]

We can see that the price of Bitcoin has started to increase a lot at the present time. However, none of us know why the price of Bitcoin is increasing so much.  We all know that the market is getting much better now.  We don't know the price of bitcoin. But I think the price of bitcoin is increasing due to different investments and different countries buying and investing in bitcoin.  But if many people know the correct answer, then you must tell us.

[TROXIE]

You mean $43k as at February and now above $61k that is not least expected because bitcoin is usually know to be higher than many of the altcoins. Now, other altcoin are rising accordingly. The past 2weeks had been a period on regulations to make a balance/stability in cryptocurrency volatility.

[Carbitcoin]

We can see that the price of Bitcoin has started to increase a lot at the present time. However, none of us know why the price of Bitcoin is increasing so much.  We all know that the market is getting much better now.  We don't know the price of bitcoin. But I think the price of bitcoin is increasing due to different investments and different countries buying and investing in bitcoin.  But if many people know the correct answer, then you must tell us.

I believe that it is necessary not only to control the bitcoin rate, but also to draw time on the capitalization of bitcoin, which should indicate the real circumstances in which the price of bitcoin rises or falls. according to all the canons of the cryptocurrency market or other markets, it is demand that increases the value of an asset.

[Papusha20]

At present, the Bitcoin price 56421 dollar of bitcoin is improving at a very fast pace. Now that everyone is investing in cryptocurrency, the price of bitcoin is improving a lot.  Thus, if the price of Bitcoin continues to rise, the price of the coin could reach 80,000 in a few days.

[Mayajal]

Currently, the price of Bitcoin has improved significantly.  And we are investing in Bitcoin or many others.  Hold has received a huge amount of benefits from Bitcoin.  And if prices rise further in the future, the chances of getting more benefits are much higher.

[mlawson71]

It is currently testing 60k and soon it may rally above that level for the long term. Which in turn will prompt more companies to invest in it, which will drive the price further up, I think.

[Sharelock]

Still Bitcoin is on low price but soon it go high more becasue in the crypto market still the Big bull is not start soon it is going to start and the Bitcoin touches the 200,000$ that time.

It could happen that bitcoin reaches a price of $ 200,000, but the problem is bitcoin is too difficult to go up to $ 80,000, because the current price is too expensive for 1 bitcoin.
But don't worry, if this year a lot of big companies like Elon Musk are investing in bitcoin, this could bring the price up to $ 200,000.

[alltalk]

But don't worry, if this year a lot of big companies like Elon Musk are investing in bitcoin, this could bring the price up to $ 200,000.

I never saw a prediction that stated the possible price of Bitcoin to reach around $200K this year. I think it is too high although the fundamental factor of many popular companies around the world starting to join Bitcoin investment, like what Tesla and Elon Musk did. I prefer to believe if the possible price of Bitcoin may be around $100K, it is the optimum price to be achieved this year.

[debra]

Because everybody loves Bitcoin and also believes that BTC still becomes the worthiest asset t hold and also invest. Many newcomers are from institutions, celebrities, and also big companies in order to make the price of BTC itself pumping so high.