$BTC Due to its highly volatile nature, no one can predict the price movement of Bitcoin (BTC) with certainty in a short period of time such as 1 hour ahead. However, several factors can affect the price movement of BTC, such as:
Factors Affecting BTC Price
1. *Supply and Demand*: The balance between supply and demand can affect the price of BTC.
2. *Global Economic Regulations and News*: Changes in interest rates, significant developments in the crypto sector, and global economic news can affect the price of BTC.
3. *Introduction of Bitcoin ETF*: The introduction of Bitcoin ETF can increase the demand and price of BTC.
4. *Market Sentiment*: Positive or negative sentiment towards Bitcoin can affect the price.