The BTC market is uncontrollable Now

[xanxus.kun]

Ever since the cryptocurrency started, no one controls it. You can say that big time peoples and whales can influence its value however what controls Bitcoin is the demand and supply. Cryptocerrency is decentralized which means that no one, not even the government can regulate nor control Bitcoin.

[debra]

If we are talking about the BTC price, it is not about controllable or not. We all know that Bitcoin is not be able to control. This is a decentralized system. The market really determines the price. Moreover, if there is new news, the price will be also influenced. In this case, we need to get deeper tot the Bitcoin price chart in order to know the movement of the price itself.

[Senin]

Of course, no one can control the cryptocurrency market. However, whales can periodically influence the formation of the price on it, lower or increase it at will. With a further increase in capitalization, this will become increasingly difficult. However, you can influence any market with your capital.

[Tunir Baap]

In fact, it is unbelievable that the price of Bitcoin has increased so much in the last few days. Indeed, the price of Bitcoin has gone out of control.What is the reason for the sudden rise in the price of bitcoin? I have never seen the price of bitcoin rise so fast in the past as I do now.

[Believer]

Bitcoin prices are rising so much in the current market No one can say why.Bitcoin has now crossed the limit.Bitcoin prices are rising by leaps and bounds.The future of Bitcoin is really very bright.

[Freemind]

@Believer I think we can tell why. Tesla has helped a lot, and a few hours ago they officially announced that their cars can be bought with Bitcoin on the US market. That has made many institutions, public and private companies invest in Bitcoin, if we add all that and the global exposure that Bitcoin and cryptocurrencies in general are having, we can find the reasons.

[NANCY]

Yes brother you are right. The crypto market has advanced a lot now but it is not possible to say when the price of a coin will go up.BTC is moving forward a lot at the moment so I hope this coin goes to a better position. And we can benefit a lot from this BTC next time.

[Condorlaib]

Yes brother you are right. The crypto market has advanced a lot now but it is not possible to say when the price of a coin will go up.BTC is moving forward a lot at the moment so I hope this coin goes to a better position. And we can benefit a lot from this BTC next time.

today there has been a significant reduction in the inflow of investment funds in bitcoin. these are the factors that can explain the current situation in the cryptocurrency market. Undoubtedly, one should not have expected a very fast bull run, but the current pace of development of the cryptocurrency market is quite acceptable.

[Stuart]

The market has had its ups and downs and that mostly is caused by the whales. Now that new investors and institutional bodies are coming into the system, the down trend in the price of bitcoin will be reduced to its minimal level, but that does not affect the time for price correction, as it is a normal thing that must happen. Whales on the other side will not be able to affect the price of bitcoin as they used to.
It is also certain that the price of the market is not controlled by no one, but by the reaction of the market, the buyers and the sellers, whom are controlling.

[Dark Knight]

Cryptocurrency is nothing to say impossible.Bitcoin is the most preferred coin of all users in the world of cryptocurrency.As the days go by, the price of Bitcoin has risen sharply.The cryptocurrency market cannot be controlled by anyone The cryptocurrency market moves at its own pace over time.Bitcoin recently set a record of touching one trillion dollars.

[Tunir Baap]

Bitcoin is always out of human control. Bitcoin controls itself. Bitcoin does not require any external force to control. However, the value of bitcoin for a few days is really unimaginable Way is growing. We are probably hoping that the price of bitcoin will cross $50k so fast. The truth was worth watching.

I agree with you. I think you have said something logical. The Bitcoin market is always out of our control. But now it seems to be out of control The value of bitcoin.