@chrishemsworthh
@chrishemsworthh What is Bitcoin and Why Does It Move?
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What is Bitcoin?
Bitcoin is a decentralized digital currency that operates without a central authority like a bank. It runs on blockchain technology, which records transactions publicly and securely.
Why does Bitcoin price move?
Price moves because of supply and demand.
When more people want to buy than sell, price rises.
When more people want to sell than buy, price falls.
But what influences supply and demand?
Market sentiment
Economic news
Institutional adoption
Regulatory decisions
Liquidity
Understanding this is the first step to trading with logic instead of emotion.
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