🚀 Why Does the Price of Bitcoin Go Up and Down? | #CryptoBasics #BinanceSquare

Let’s talk about what causes Bitcoin's price to rise and fall so quickly.

📊 1. Demand & Supply:

Bitcoin has a limited supply (only 21 million BTC will ever exist). When demand increases and supply remains limited, the price goes up.

📰 2. News & Media Influence:

Positive news like a big company accepting BTC leads to more buying = price increases.

Negative news like regulations or bans = panic selling = price drops.

🐋 3. Whale Activity:

Large investors (whales) can move the market when they buy or sell big amounts of BTC.

😨 4. Market Sentiment – Fear & Greed:

When people believe the price will keep going up, they buy more (FOMO).

But during fear or uncertainty, many start selling, causing the price to fall.

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🔁 What do you think?

Can Bitcoin hit $110K in the near future?

Drop your opinion in the comments! 💬👇

#bitcoin #BinanceSquareFamily #learncrypto #WritetoEarnBinanceSquare