Quais são os fatores que influenciam o preço do Bitcoin?

As a keen observer of the cryptocurrency market, I'm curious to understand the intricacies behind Bitcoin's price fluctuations. Could you elaborate on the key factors that influence the price of Bitcoin? Is it primarily driven by market demand and supply, or are there other significant factors at play, such as government regulations, technological advancements, or even public sentiment? Understanding these dynamics is crucial for investors seeking to navigate the volatile crypto landscape.