Thanks for sharing such a kind article. I would like to add that bitcoin volatile movement is due to many factors and some of them are like a huge increase in the participation number and because of which the demand and supply behavior changes. The popularity of the bitcoin is also another reason because of which thousands of new traders enter this crypto market daily and because of all these reasons the volatility of the bitcoin is increasing with rapid speed. I am expecting to increase more in upcoming months.
I think that the increase in the price of bitcoin depends on the admission and advertising. Some companies have Bitcoin reserves, these companies keep these Bitcoins as a payment method, but there are customers who do not use Bitcoin as a payment method. For this reason, these companies are selling Bitcoin in their hands, only 5k Bitcoin has been sold on a stock exchange today.