What are the Factors Triggering Bitcoin Price Fluctuations?

[Suba]

Yesterday the price of Bitcoin almost reached $105k but today it is back below $100k, expert predictions, the price of BTC can exceed $100k are often only based on the optimism of Bitcoin ETFs. However, there are also several factors that need to be considered so it's not just hype.

Many financial institutions are prohibited from holding Bitcoin Spot ETFs, and at the Microsoft shareholders' meeting, the majority voted against listing Bitcoin in the company's balance sheet.

 

[Kera]

It is always any factor that can make people to hold more or less if bitcoin. Like what the former Fed chairman said causing bitcoin to drop.

 

[Augusta]

I think it also stems from the supply and demand and supply of it . The more needed the more the price rise and fluctuate

 

[King Belieal]

The activity of the whales in the market in a bid to control the market also makes bitcoin to be volatile.