As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
Since from the beginning In the existence of bitcoin Its already commence as a volatile and we would be expected more volatility by every time passed by. So need to state more Insights of It.
With a lot of people using and investing on Bitcoin, the volatility will be really high. With a lot of users, traders, investors and holders, the price will move more since a lot of people are using it or trading it. If a lot of people coincidentally sell at the same time, that will trigger a dump though not that big really since there are still a lot of them that is buying.