$BTC #binance #Bitcoin #NFT #Web3 #прогнозы Many beginners have wondered: what does Bitcoin depend on? -When is the best time to invest? -how to predict growth or decline?
I'll try to tell you the main levers of influence
1. |Cryptocurrency Regulation|: Policies of governments and regulators towards cryptocurrencies! This can have a significant impact on their price. -Positive news about the legalization or introduction of Bitcoin into the country's financial system may contribute to price growth. -Negative news about bans or strict regulation can reduce it.
2. |Institutional Investments|: Investments by large investors and companies in Bitcoin can also significantly affect its price. When large players invest significant amounts in Bitcoin, it can signal to the market about its reliability and potential, thereby increasing demand and price.
3. |Technological Changes and Innovation|: Improvements in blockchain technology, such as increased scalability, faster transaction speeds, and lower fees, can make Bitcoin more attractive to users and investors, which will also contribute to its growth.