Ans:
Some important factors are
Banking integration– The Bitcoin demand may increase if integrated with the banking system and payment platforms.
Market Factors- Market factors include breaking news, economic sanctions, etc., and if related to Bitcoin’s regulation or security, they may cause a big fall or rise in Bitcoin’s market price.
Supply- The supply of Bitcoin has a 21 mil cap. When supplies of Bitcoins have been limited, the prices of Bitcoin could soar.
Other events- Bitcoin prices can be positively or negatively impacted by government policies, security breaches, macroeconomic announcements, changes by the regulatory mechanism and more.