The price of bitcoin and the rest of the currency depends entirely on the crypto-enthusiasts and on those interested in it. Now a lot of investors are well-known people and politicians who are willing to spend big money on cryptocurrency - this rather strongly influences the price of Bitcoin, also the price is formed by crypto makers because their currency and their savings are not controlled by the authorities. The release of new currencies and the extraction of already existing ones can be compared with the mining of gold, we all understand that minerals tend to end and this is also one of the key factors in shaping the price of Bitcoin. Of course, digital currencies have a certain cost (electricity, iron, commission), but this is not the key factor that could influence the price. I can see that cryptocurrency traders also play a big role in price formation, as they create movement in the market by adjusting the rate every minute. When trading in cryptocurrencies, first of all, you need to take into account, as I said above, the role of large players, ie investors, as well as fundamental and technical analysis - this whole process, in turn, will have little influence on the course and form a price.