Let exclude all the obvious well known feature like its finite supply, decentralized nature, more demand than supply available in the market etc that others before me must have written on and go into some simple reason why bitcoin is so volatile. Firstly it's the hottest trend in the industry, everyone and most institute wants to get their hands on some bitcoin holding which is creating more awareness for the currency.

You can't expect all these to be happening and still want the price value of the most talk about asset and currency to not be volatile. We also have the features of the market still been patronize by noobs that are yet to understand how the market works which result to them fomo or fud at every news they read or hear.