Totally agree.
These factors can be of external or internal origin.
There are so many indicators that we should consider.

For example, our friend @crypto.piotr made reference to media advertising. Maybe it is not far from reality.

International politics can also influence. When the winds of war are blowing, markets always vary.

It would be necessary to investigate in which countries the highest bitcoin holding rate exists. Socio-political movements could affect its value.

A massive sale in a short period of time would affect even the strongest giant. It would be a change in the balance of power.

Well, I think I'm speculating a lot.
It is always a pleasure for me to exchange ideas with you.