🫣🤔 What influences the price of cryptocurrencies, for example, Bitcoin?
Friends, let's figure out together what exactly affects the rise and fall of cryptocurrency value, particularly Bitcoin, in these challenging times! 🚀📉
🔍 Key factors:
• Whale selling – large players sell significant volumes.
• Regulatory news – bans or increased control.
• Strengthening of the dollar – high Fed rates reduce demand.
• Hacker attacks – undermined trust in the market.
• Investor panic – fear triggers mass selling.
🚀 What contributes to growth:
• Demand from large companies – such as Tesla or BlackRock.
• Limited supply – only 21 million BTC.
• Positive news – ETF launch or legalization.
• Weak dollar – inflation drives the search for alternatives.
💡 Currently: the price is under pressure due to regulations, but the anticipated halving could change the situation!
#️⃣ #Bitcoin #Binance #BTC #Investments
💬 🤑 Share your thoughts in the comments – what influences your investment decisions? 💬