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Explain what drives the price?

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Can somebody explain to me what drives the price of Bitcoin? Like I understand supply and demand, but is there currently a ton of Bitcoin that is not owned by anybody for the price to be around 1/3 of ATH? If so where is all this unowned Bitcoin? I’m sure this is a very stupid question, but Ide like to understand it so I’m asking anyways. Thanks

submitted by /u/Duramax2109
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