Professional Binary Trader || Forex Trader || CryptoCurrency Investor || Big Time Risk Taker || Stock/Indices Analyst📉📊💶💵💸💰📊📈
Have you ever wondered what makes the Bitcoin price go up or down? ⬆⬇
It may sound complicated, but it can actually be explained very easily. The BTC price is defined by the last trade conducted on a specific exchange. In simple words, by supply and demand. Price goes up when buying pressure increases, and goes down when selling pressure decreases.
There are major factors that can cause the price to go up or down, including:
📢Effect of News and Media hype
📈 High-inflation
🤔Uncertainty of Its Future Value
📊Fixed Supply with Varied Demand
What are your thoughts about latest Bitcoin’s price? Share it with me ! 💬
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Arthur have you ever wondered why people like you promoting satanic Bitcoin aren’t in prison for Fraud ? No Traitors to America go free Arthur.