Drivers of bitcoin price?


Hi everyone,

I've been around crypto for some years now, and tried to come up with a list of drivers for BTC. I wanted to hear feedback and if anyone else has done anything similar.

  • US CPI (expected vs actual)
  • US PPI (minority sales - expected vs actual)
  • DXY index
  • Options put vs call interest
  • Futures open interest
  • BTC whale addresses holding --> I struggle to find any place to easily see this one though. I usually end up relying on news

Any other items? I would say first 2-3 items affect the whole market, as BTC is ultimately very correlated to traditional markets (i.e. stocks).