#BTCNextMove The confidence of investors and the general market perception have a significant impact on the price of Bitcoin. Positive news about institutional adoption or the development of new applications can drive the price up, while negative news or unexpected events can cause a drop.
* Government regulations: Changes in government policies toward cryptocurrencies can have a significant impact on the market. More favorable regulation can increase investor confidence and stimulate demand, while stricter regulation can create uncertainty and lead to a price drop.