Understand how Bitcoin Price Changes, share your thoughts in comments about bitcoin price changes

Since past years, we all are keep our eyes on CryptoCurrency especially on Bitcoin. We all know about the block chains, transactions, wallets, trading etc etc. in somewhere our mind we always thoughts how Bitcoin Prices Changes ??

So, Here i List down some points which i think that combination of all below points are working behind price change of Bitcoin.

Daily Bitcoin Transaction

Amount to of Bitcoin for transaction are mainly affects on market, More Transaction amount and more mining request.

This is one of basic effects on price change in Bitcoin.

Bitcoin Market Capital

Market Capital is also one of most effective source for Bitcoin price change. Market Capital is little bit change then Bitcoin transaction. In market capital there is trading amount of bitcoin that affects the bitcoin price change. by market capital of Bitcoin we will can predict price change of Bitcoin.

Acceptance of Bitcoin

All Major Countries allows to trade and accept bitcoins but with diffrent laws and limitation according to country. In End of 2017 we all saw the bull jump in Bitcoin Market. Industrial Bitcoin Acceptance effects highly on bitcoin price. Big Giant Companies or Countries's government satements also effects highly on Bitcoin Price.

Limitation of Bitcoin

As we all know that Bitcoin Can't be genrated after it's riches it's maximum limit at 20999999.9769 BTC (According to bitcoin.stackexchange.com). So apparently, if bitcoin demands goes high the price goes high and in same way demand goes down Bitcoin price goes down.

I wrote all above details basis on my basic commerce analysis. may this is not right or differ fron what other thinks about Bitcoin.

Please share your thoughts in comments. i love to learn more about Bitcoin price change.