Market Sentiment: Bitcoin's price is influenced by how people perceive the cryptocurrency

Regulatory Environment: Changes in regulations, such as bans or restrictions

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Supply and Demand Dynamics: Bitcoin's limited supply and increasing demand contribute to its price movements

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Technological Advancements: Improvements in Bitcoin's technology

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Institutional Investment: Institutional interest in Bitcoin, like offering it in IRAs, can affect its price

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Debasement of Fiat Currency: Bitcoin's price can rise due to the devaluation of traditional currencies

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Halving Schedule: Bitcoin's supply issuance is halved periodically,

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Global Market Events: Bitcoin can react to global market shocks

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Media Perception: Positive or negative news coverage can influence how people perceive Bitcoin

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Influencers and Celebrities: Public figures can sway Bitcoin's price through endorsements or criticisms

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Weekend Trading: Reduced trading activity during weekends can lead to increased price volatility

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Systemic Overleveraging: Overleveraging in trading can exacerbate price swings

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