How Bitcoin's price is affected by other factors?

[ONUS]

Hello guys, I guess many of us here know what is bitcoin and some do invest in this digital currency. But do you guys know how the Bitcoin value fluctuates? I am here to share this kind of information with all of you. As you all know Bitcoin is notorious for its price volatility and their some key factors that can influence the value of Bitcoin. For example, the market sentiment. Some main events that had a heavy impact on Bitcoin's price all came from one reason, the press, and the media as their information can put chaos on Bitcoin's price. The regulatory changes can also have a substantial impact on Bitcoin whether a country accepts it or not. Changes or updates in the underlying technology of Bitcoin regarding security, scalability, or new features can influence investor confidence and affect the value of cryptocurrency. To be honest, listing down these factors might play a crucial role in whether you gain money from investing in Bitcoin or not so please remember to do so. 

I always check Bitcoin's price here: https://goonus.io/markets/btc/