How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
I believe Bitcoin fluctuation act both but not on the same time. There are times that we can almost guess the next move of BTC and there are times that we never understand its trend. We can make it a boon for us if he have patience and strong hand to hodl until our target price come(just be realistic though). It is highly probable that our realistic price range will come since 1. Adoption is still on its early stage and 2. Suppy diminishing is inevitable. Putting both the equation, decreasing supply + increasing demand means more people competing for 1 Bitcoin. And that is directly proportional to the price.