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the price of Bitcoin, or "Harga Bitcoin" in Indonesian, involves various factors:
Supply and Demand: Like any asset, the price of Bitcoin is influenced by supply and demand dynamics. If more people want to buy Bitcoin than sell it, the price will rise, and vice versa. The finite supply of Bitcoin (capped at 21 million coins) contributes to its scarcity, which can affect its price.Market Sentiment: Investor sentiment plays a sign
the price of Bitcoin, or "Harga Bitcoin" in Indonesian, involves various factors:
Supply and Demand: Like any asset, the price of Bitcoin is influenced by supply and demand dynamics. If more people want to buy Bitcoin than sell it, the price will rise, and vice versa. The finite supply of Bitcoin (capped at 21 million coins) contributes to its scarcity, which can affect its price.Market Sentiment: Investor sentiment plays a sign
People use trading, particularly in Bitcoin to IDR (Indonesian Rupiah), for various reasons:
Speculation: Many traders aim to profit from the price movements of Bitcoin against the Indonesian Rupiah. They buy Bitcoin at a lower price and sell it at a higher price, or short sell it (sell it first at a higher price and buy it back at a lower price) to profit from downward movements.Diversification: Some investors view Bitcoin as a hedge agai