The factors that affect bitcoin price

Bitcoin had another roller coaster ride this year, hitting its all-time high of $20,000 per bitcoin in late December and then dropping to $8,500 in February before recovering to $11,000 as of April 2018. The price has been so volatile that several people have questioned whether it’s even possible to predict what Bitcoin’s price will be at any given time. While predicting the future is never an easy task, here are five factors that could help you get an idea of where Bitcoin’s price might go this year.